Many people work hard for years to start their own business. When you achieve your goal, the hard work is not over. While you are living your dream, you may still encounter some bumps in the road. From time to time you may become involved in a business dispute. You can often resolve a simple disagreement with good communication and compromise. However, there are times when there is more at stake, and you cannot come to a satisfactory resolution with the other party. When this happens, you may wonder whether it is time to get help from an attorney.
A business dispute is a disagreement between parties in a business matter. A disagreement may involve partners, customers, contractors, subcontractors, or others. Generally, contracts govern business matters. A contract is a legal document that details the responsibilities of each party to the agreement. When one party fails to uphold the terms of the contract, a dispute may arise. Disagreements may also occur when a contract is unclear and open to interpretation. Contracts should provide methods for resolution of disagreements should the parties have a dispute. Verbal agreements are usually legal contracts; however, they can be more difficult to enforce.
How an Attorney can Help
Contracts are often ambiguous and they can be difficult for people to interpret. If you are involved in a serious business disagreement that has the potential to cost you money or customers, it is in your best interest to seek legal help. An attorney will review the contract and discuss the matter with you to determine the best way to proceed. In many instances, your lawyer will be able to successfully negotiate a compromise that is agreeable to you. It is a good idea to contact an attorney as soon as you notice a dispute arising. Keep in mind that these matters will not resolve on their own, and they can take up a lot of time and energy.
Advantages of Hiring an Attorney for a Business Dispute
Contract matters can be extremely complex. Some contracts include requirements for mediation or arbitration if there is a disagreement. When litigation is necessary, you will need to obtain representation from an experienced attorney. While you are not required by law to hire a lawyer, you will find many advantages in doing so. Your lawyer will take care of all the legal issues of the case while working on your behalf and for your best interests. An attorney will speed up the process and will often get a conclusion more efficiently. In addition, cases that are handled by attorneys often end with better results. Your lawyer will work to ensure that you do not sacrifice what is important to you and your business. An attorney understands the litigation process and has the training, education, and experience to take care of even complicated legal issues with ease.
If you have a business dispute, do not try to handle it yourself. You can count on our experienced legal team at Moen Sheehan Meyer, Ltd. to get the results you expect. Contact us today online or call us at (608) 784-8310 for a free consultation.