Resolving Disagreements and Righting Wrongs
As a business grows, an occasional dispute becomes more likely. Although disputes present themselves in all shapes and sizes, generally, a prudent approach is to strive to resolve the dispute favorably and quickly so that the business can focus its limited resources (of time, attention, and cash) on providing value, earning money, and identifying opportunities.
Hiring an Attorney
Avoiding disputes and resolving them in-house are often good approaches. But, hiring an attorney experienced in litigating and resolving disputes makes sense sooner rather than later when the in-house approach proves fruitless, seems to be making matters worse, or there is a lack of clear understanding of the business risks, rights, and obligations.
Several good reasons for considering legal counsel may include: 1) de-personalizing the dispute, 2) bringing in an outside resource with experience resolving issues in creative ways, 3) getting a clearer view of the likely risks and opportunities, 4) facilitating negotiations in a manner that will shield the communications from admissibility in a trial if a trial eventually becomes necessary, and 5) complying with any statutory requirements with which you may be unfamiliar.
(background photo by Bert from Pexels)
Keith Law Business Disputes Blog
Keith Law’s business disputes blog posts can be found here:
Keith Law, PLLC Blog – Business Disputes
When Keith Law creates a business disputes video playlist, it will appear here. Until then, you can find all of Keith Law’s videos on its YouTube channel: