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 Monticello, 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. The fields of contract law and dispute resolution are defined by local state law. Monticello Lawyers 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 might be able to avoid going to court entirely, since negotiations often proceed more smoothly with representation.
Alternative Dispute Resolution
Most contracts have terms that will decide 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 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 determine a dispute based on local law just as a judge would do. In Monticello, Lawyers experienced in ADR can help if your business dispute is to be resolved out of court.