Do I Need an Attorney to Resolve a Business Dispute?
There can be an assortment of reasons for a business dispute, but the animosity between you and the other party can dictate if the dispute must go to trial. Even if the parties are cordial, hiring a lawyer will provide you with peace of mind. Hiring a lawyer does not necessarily mean you will wind up in court, but you will be prepared if you do.
Bringing a lawyer in to assist with your business dispute can benefit you in multiple ways. Initially, they will provide legal advice to you on what your options might be in your dispute. Disputes can have twists and turns, and attempting to navigate those unknowns without a lawyer can be dangerous for your business.
A lawyer will represent you and your interests outside of advising you on your legal options. There are multiple ways to resolve disputes, and a lawyer will know how to best represent you, including during negotiations. They can build a case in court, offering your side of the situation and arguing for the resolution you are seeking and deserve.
How Can a Business Dispute Be Resolved?
Business disputes are common occurrences, especially when dealing with multiple parties who have put significant time, effort, and heart into the business. When a dispute occurs, there are several ways the parties can resolve their differences. A few standard resolution techniques include:
• Negotiation: Parties who have a civil relationship can speak directly to resolve their differences. You will want a lawyer there to ensure that the proper documents are in order when you reach a resolution
• Mediation: One of two forms of alternative dispute resolutions, this might be an option if the two parties cannot resolve their issues together. In this scenario, a third-party mediator attempts to work out an arrangement between the two sides. You will want a lawyer representing you, as they can advocate on your behalf and make sure that your interests are represented.
• Arbitration: This is another alternative dispute resolution and works similar to a trial in that an arbitrator will hear both sides of a dispute and make a ruling. The traditional rules of evidence do not apply here, and the entire process remains confidential. It is also faster and usually cheaper than a lawsuit. You should have a lawyer representing you who can present your case to the arbitrator.
• Litigation: Certain disputes cannot be resolved through talking or other forms of alternative dispute resolutions, and a lawsuit must be filed. In these instances, you will present your case to a judge, and they will make a ruling. While either side may appeal a ruling, a judge’s decision is essentially final. It is common for one or both parties to return to another method to resolve their conflict throughout this stage. A lawyer will advise you on the strengths and weaknesses of your case and suggest if moving forward in litigation is the wisest move.
A lawyer can help you through each of these phases and provide you with an honest assessment of where you stand. They will vigorously fight for you to help you achieve the resolution you are seeking.
Annapolis Business Lawyers at Oliveri & Larsen Will Help You Find a Resolution to Your Business Dispute
Business disputes are not easy, and you want to ensure that you receive fair and equitable treatment. One of our Annapolis business lawyers at Oliveri & Larsen will work with you during your dispute and guide you. Call us at 410-295-3000 or contact us online to schedule an initial consultation. Located in Annapolis, Maryland, we serve clients across Ocean City, Anne Arundel County, Baltimore County, Howard County, Queen Anne’s County, Kent County, and Eastern Shore.