There are several grounds that can lead to business disputes in Illinois. Business may disagree about the terms of contracts and prior arrangements. Billing issues, property matters and other grounds can also give rise to disputes between businesses.
What to Do in a Business Dispute?
If you are involved in a business dispute in Lake Barrington, Illinois you should first review any relevant documents, including past and current contracts. These documents may contain clauses that dictate how and where you should handle a dispute. If there are no relevant documents, or the contracts do not have resolution clauses, then the dispute may need to be taken to court. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Illinois courts will use particular legal principles designed for the situation. Each state has different business laws about dispute resolution and contract law. An Attorney practicing in Lake Barrington can help you handle your dispute in accordance with the applicable Illinois laws. 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
Contracts often have clauses requiring that a dispute be handled outside of court. This is called Alternative Dispute Resolution or ADR, and it includes Mediation and Arbitration among others. ADR makes going to court unnecessary, because it is designed to reach the same result that a court would have. Still, some methods of ADR entail their own formal procedures, most enlisting a third party to decide a dispute based on local law just as a judge would do. In Lake Barrington, Attorneys practiced in ADR can help if your business dispute is to be resolved out of court.