In Illinois, there are many different grounds that can lead to a business dispute. Often, prior agreements and contracts have terms that the businesses disagree upon. Disputes can also occur over property matters, billing issues or other disagreements.
What to Do in a Business Dispute?
If a business dispute should happen in Bethalto, Illinois, you should review any documents that are relevant to the disagreement, especially contracts. These documents may have clauses that must be followed when considering how to resolve the dispute. However, the dispute may need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Where the parties have not agreed beforehand about how to handle disputes, legal principles have been designed to determine the resolution. When they are called upon, Illinois courts try to discover the best resolution by looking to the facts of the particular situation presented. There are laws specific to each state that govern how to approach dispute resolution. Attorneys practicing in Bethalto are best suited to offer advice in accordance with Illinois law. An attorney's knowledge of the law may also lead to a more streamlined discussion with the other business about how to resolve the dispute. Negotiations may even enable you to resolve the dispute without going to court.
Alternative Dispute Resolution
Disputes in contracts must often be resolved outside of court according to a dispute resolution clause. Methods of resolving a conflict outside of court are called Alternative Dispute Resolution or ADR. These methods include Mediation, Arbitration and Collaboration. ADR eliminates the need to go to court, while attempting to reach the same resolution that a court would have. Different types of ADR involve their own procedures, however, and they often include a neutral third party making a determination based on local law. An attorney familiar with ADR in Bethalto can counsel you through the process if your business dispute is to be resolved by ADR.