The Cost of Delay — Why Timely Action Is Critical in Every Legal Matter

You are currently viewing The Cost of Delay — Why Timely Action Is Critical in Every Legal Matter

INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.

Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Alexander Paykin.

The Alexander Paykin Commentaries

Procrastination Has a Price

Many clients underestimate how quickly time limits run in litigation. They may spend months gathering documents, negotiating, or hoping for voluntary resolution. Unfortunately, by the time they seek counsel, the legal window for action may already have closed.

Statutes of Limitations and Deadlines

A statute of limitations (SOL) sets the outer limit for bringing a lawsuit. Once that date passes, courts will almost never hear the claim.

  • Contract claims: Often six years
  • Negligence or injury: Usually three years
  • Intentional torts: Sometimes one year
  • Claims against public entities: Often much shorter, with preliminary notice requirements

Each case must be calculated carefully—because even one day late can be fatal.

Notices of Claim and Administrative Prerequisites

When suing municipalities, school districts, or other public authorities, plaintiffs must typically file a Notice of Claim within 90 days of the incident. Certain administrative or employment claims require filing with agencies (like the EEOC or Division of Human Rights) before going to court.
Failing to file timely, or failing to exhaust these remedies, can permanently bar your claim.

Laches: When Delay Itself Defeats the Claim

Courts also recognize laches, an equitable defense preventing recovery where the plaintiff’s unreasonable delay causes prejudice to the defendant. For example, if years pass before you act, and key witnesses or documents are gone, a court may refuse to grant relief—even if the statute of limitations hasn’t expired.

Lost Evidence and Faded Memories

The passage of time dulls recollection. Witnesses move, retire, or pass away. Documents get misplaced, and electronic communications are deleted under standard retention policies. Every month that passes increases the difficulty of building a coherent, persuasive case.

Conditions Precedent and Timing Traps

Some contracts require parties to mediate or arbitrate disputes before filing suit. Others require formal claims procedures with strict deadlines. These pre-litigation steps consume time—and if started too late, can make it impossible to reach court before the SOL expires.

Practical Advice: Move Early and Strategically

  • Consult counsel immediately after any potential dispute arises.
  • Document everything while evidence is fresh.
  • Calendar all deadlines and procedural steps.
  • Don’t assume extensions—courts rarely excuse missed limitations periods.

Conclusion

Timely action is not just procedural housekeeping—it is the foundation of your right to recovery. Once time runs out, no amount of merit can revive your claim. Protect yourself by acting early, staying informed, and seeking legal guidance before deadlines close the courthouse doors.

 

 

Alexander Paykin, Esq., Managing Director of The Law Office of Alexander Paykin, P.C., based out of New York, focused his practice in real estate and commercial litigation and complex transactions. His firm also provides technology and finance consultancy services to its clients, including other law firms throughout the US.  With a background spanning multiple countries and businesses in finance and IT, Paykin brings a unique perspective to his legal practice.  His firm is modeled as a high-tech, client-centered practice, focusing on efficient service delivery in litigation and complex transactions related to business, commerce, finance, and real estate. He also operates a real estate brokerage and a real estate holding company.  Mr. Paykin regularly teaches continuing legal education courses and has been published in prestigious legal journals. His writings cover topics such as mutual insurer demutualization, the business judgment rule, law practice management, and the use of artificial intelligence in modern law practice.
Mr. Paykin sits on multiple professional committees and the boards of three 501c3 non-profits, as well as a condominium board.
Connect with Alexander Paykin on social media:
Twitter/X: @Paykinlaw

kevinprice

No articles on this site should be construed as the opinion of PriceofBusiness.com. Do your homework, get expert advice before following the advice on this or any other site.

Leave a Reply