Without question, operating a business of any kind necessitates policies and procedures that consider day-to-day processes, interactions among employees, and transactions that take place. Even so, it is virtually impossible to prevent your business from some type of dispute, whether it’s a contract disagreement, employment claim, or business claim. The good news concerning business disputes is that there are ways to find resolution while protecting the integrity of your business.
Given that contract disputes make up the majority of business-related disagreements, consider the following examples. Imagine that a good or service is delivered outside of the agreed upon timeframe. What if the good was not delivered at all? What if the product was delivered on time, but did not operate as promised? Perhaps you hired a contractor, and they claim that they were not paid fairly. On the other hand, maybe an employee is filing an employment claim in which they report harassment or discrimination. Suppose you are caught up in a partnership dispute, and you fear that it may destroy your business.
Arbitration Dispute Resolution
In many cases, business contracts contain ADR clauses, which are Arbitration Dispute Resolution. Thus, for contract-related disputes, businesses turn to binding arbitration and/or mediation as a way to settle differences outside of court. Somewhat similar to a trial-experience, the representatives or parties state their case to an arbitrator. In turn, the arbitrator determines the resolution. By contrast, mediation includes a third-party that encourages parties to decide on a resolution peacefully.
Depending on the type of dispute, it can take a toll on all involved. Specifically, if the matter is complicated and involves hurt feelings, it can be difficult to resolve outside of court. This is why it’s critical to consult an experienced business attorney to counsel and represent you.
At Shepard, Plunkett, & Hamilton, LLP, we are equipped to handle the most complex business partnership disputes, with the primary goal of seeking resolution outside of court. However, if your case requires a court hearing or partnership dissolution, our attorneys work tirelessly to carry out the best resolve for your situation. Call today!
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