There are many 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 Monmouth, 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. The fields of contract law and dispute resolution are defined by local state law. Monmouth 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 Monmouth, Attorneys specialized in ADR can help if your business dispute is to be resolved out of court.