Problems can arise from time to time between businesses, their customers, suppliers, partners and employees. The disputes can frequently be avoid by the proper drafting of the agreement between the parties prior to a dispute arising. Disagreements can range from minor misunderstandings, such as confusion over a delivery time, to major disputes, such as breaches of contracts. Business disputes stress staff and stake holders, reduce employee moral and performance, damage business relationships, and place your business at risk. We focus on resolving these potential damaging disputes by avoiding litigation, another costly stressor in the legal process. The two alternate ways to achieve a resolution are arbitration and mediation.
Arbitration is a process for resolving a dispute between two parties outside of the court system. The two parties sit down with a third neutral party, an arbitrator. The arbitrator listens to the disputing parties’ problems and arguments and then decides on a resolution. Sometimes these decisions are final and must be adhered to by the parties, otherwise known as binding arbitration. Mediation involves a process like that of arbitration, but the arbitrator’s is not final, or is non-binding.
We strive to resolve these problems quickly and efficiently. We help you avoid the high costs of litigation by seeking alternatives to trial. Our goal is achieve a settlement with minimal costs.
Disputes can even exist between co-owners of a business. However these disputes are frequently avoidable by proper drafting of shareholder and operating agreements among the people forming a business. Parties shall cover in an agreement the rights and obligations of each party. While it is unfortunate may businesses will fail or disputes arise so a clear agreement can assist in facilitating what is typically called a business divorce.