In Illinois, there are several 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 Chicago, Illinois, you should review any documents that are relevant to the disagreement, especially contracts. These documents might have clauses that must be followed when considering how to resolve the dispute. However, the dispute might 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 specific situation presented. The fields of contract law and dispute resolution are defined by local state law. Chicago Lawyers are accustomed to handling disputes under Illinois law, and can offer personalized advice for all types of business disputes. Negotiations might also proceed more smoothly when an attorney is consulted, which may even lead to a resolution outside of court.
Alternative Dispute Resolution
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this form are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. All types of ADR are designed to reach the same decision a court would have, without needing to actually go to court. They carry their own sets of procedures and protocols, and they often involve a neutral third party listening to both sides of a dispute and making a decision based on local law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Chicago if it is to be resolved out of court.