At some point, your business will likely face a dispute: whether you have a contractor who didn’t provide services detailed in your contract or your business is disputing a lease agreement or a partnership agreement. More than likely, you used a business law attorney to help you establish your company. However, should you use that same attorney now to help resolve your dispute?
Handling a business dispute
When your company is facing a breach of contract dispute with a contractor, a buyout dispute with a business partner or another business dispute, you want to make sure you work with an attorney who has lots of business litigation experience. You want to have an attorney who has handled cases similar to yours and who knows how to negotiate in your best interests. You want to work with an attorney who has settled multiple cases outside of court and taken cases to trial if necessary. Many issues involved with business litigation are complex, so having an attorney who specializing specifically in litigation can really help get a dispute resolved effectively.
When to involve an attorney
You should seek out a business litigation attorney when you first realize your business may be facing a lawsuit or is in a dispute that has become difficult to settle. Waiting to see if the problem will resolve on its own isn’t the best approach.
By having a business litigation attorney involved early on, you can get the right advice on how to proceed. If you don’t do that, you could make a decision that will be at a disadvantage to your business.
You also can get a business litigation attorney to review your business practices, to ensure your business isn’t vulnerable to other disputes or in certain aspects of the dispute you currently are dealing with.
How you handle a business dispute can have a real impact on your business’ bottom line. You want a business litigation attorney who can take the stress of resolving a dispute off you and ensure your business survives a dispute that turns bitter. Going through a business dispute on your own (or with an attorney not familiar with business litigation) will only add more stress, cost and problems. Neither you nor your business can afford that.