Will Your Partnership Dispute Go to Court?
When partners run a company together, it is expected they will disagree at some point. Sometimes, they only need to have a discussion to resolve the conflict. Other partners seek out the opinions of others, which can help them decide which way to go. However, if partners cannot agree on a solution to the dispute, it might be time to consult with an Encino business litigation lawyer.
When you think about hiring a lawyer, you might think that your dispute is headed straight to court, but this is not always the case. Not even close. Instead, a business attorney will have the tools to help resolve the matter out of court whenever possible. This can include:
- Overseeing negotiations between the partners and providing advice from a legal perspective.
- Representing one or more partners in mediation, which is a form of alternative dispute resolution (ADR) that helps partners compromise and reach a formal agreement.
- Representing one or more partners in arbitration, which is a type of ADR that seems similar to a trial, but the proceedings are faster, cheaper, and less formal.
Some partnership agreements require mediation or arbitration before someone can file a lawsuit.
There are benefits to avoiding litigation to resolve a partner dispute. The company can save resources and resolve the matter faster, which can minimize disruptions to operations. There is often a better chance that partners can resume working together in a healthy manner if they do not take each other to court.
Let an Experienced Encino Business Litigation Attorney Help
If you have a partner dispute, an Encino business litigation lawyer from Urbach Law Offices, PC, can help. We find efficient and effective solutions to resolve business disputes, so please do not wait to contact us online or call 888.212.9072 for a consultation.