There are various 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 Lincolnwood, Illinois you should first review all relevant documents, including past and current contracts. These documents might 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 might 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 specific legal principles designed for the situation. Each state has different business laws about dispute resolution and contract law. An Lawyer practicing in Lincolnwood can help you handle your dispute in accordance with the applicable Illinois laws. Resolution of the dispute might even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Disagreements 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 is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each form of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Lincolnwood if it is to be resolved out of court.