Even well-operated businesses will need to deal with business disputes at one point or another. Well-thought-out business agreements can help to quell debilitating disputes, but it can be impossible to predict everything that can happen in the future. If you are dealing with a business dispute in Atlanta, a litigation attorney can help you and your partners come to a favorable solution.
“During business disputes, the stakes are high,” says Gaslowitz Frankel Partner Robert Port. “Business law is incredibly complex, and without the expert counsel of business lawyers, it is impossible to navigate.” The attorneys at Gaslowitz Frankel LLC have had decades of experience litigating business disputes. Below are a few tips for resolving business disputes:
Four Tips for Resolving a Business Dispute in Atlanta
Many business disputes can be resolved before they become emotionally and financially catastrophic. The key to choosing the best course of action is to avoid panicking and to consult a business attorney to understand your case.
Plan Ahead
The best way to solve a business dispute is to stop it before it can start. Accomplish this by planning ahead and recognizing the potential for business disputes in the future.
One way businesses can avoid disputes is to create a partnership separation agreement. This document clearly outlines for partners how one may step down from the business. Another way to avoid partnership disputes is to assign certain partners to have executive deciding power in certain matters.
Related Article: Three Ways to Protect Yourself in a Business Partnership
Understand What it is You Want
Often, some business disputes are easier to resolve than people initially realize. This is because it sometimes takes going through the litigation process before you realize that the result you are fighting for is not the result you actually want or need.
For instance, it is not uncommon for business owners to begin the legal process to litigate a separation, only to realize that they wish to prioritize their family life going forward and would prefer a payout.
You are likely to save headache for yourself, your family, and your business if you do the soul searching needed to understand your options. Communicating openly and honestly can help you discover the best move for you. A litigation attorney can help you figure out the best option for you.
Explore Alternative Resolution Options
Alternative dispute resolution options are often less financially straining and less time consuming than traditional litigation in court. Mediation and arbitration are a few ways that those in a business dispute can come to an arrangement that works for all the parties involved.
Seek Business Dispute Litigation Council
For those issues that cannot be resolved through alternative resolution, especially issues like fraud and scams, a litigation attorney can provide reliable and compassionate counsel to solve your business dispute.
If you are involved in a business dispute, Gaslowitz Frankel can help. We specialize in such disputes and are equipped with the experience and knowledge to guide our clients to the best decision, and have helped hundreds of businesses arrive at a fair outcome.
About Gaslowitz Frankel LLC
Our team has the expertise to address concerns you may have during the litigation process. Gaslowitz Frankel LLC has the passion and authority required to deliver clients with their ideal outcomes. Contact us today to find out how we can help.
