In Illinois, there are various 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 Carol Stream, 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. The fields of contract law and dispute resolution are defined by local state law. Carol Stream Attorneys are accustomed to handling disputes under Illinois law, and can offer personalized advice for all types of business disputes. With an attorney's knowledge of the law, the parties of a dispute may be able to avoid going to court entirely, since negotiations often proceed more smoothly with representation.
Alternative Dispute Resolution
Many contracts have terms that will determine how a dispute is handled. These are often referred to as Alternative Dispute Resolution or ADR clauses. These methods of resolution include Mediation and Arbitration, among others. ADR focuses on reaching the same resolution that a court would have, without the parties actually going to court. Methods of ADR often involve their own protocols, sometimes bringing in a third party to find a solution based on local law. In Carol Stream, Attorneys experienced in ADR can help if your business dispute is to be resolved out of court.