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 Wood River, 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. However, the dispute may need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Illinois courts may use legal principles to determine the outcome when the parties have not agreed beforehand about how to handle a dispute. In so doing, they look carefully to a particular case to discover the best resolution for all involved. The laws designed to settle contract disputes are different in each state. Attorneys practicing in Wood River are versed in the contract law of Illinois, and can help you to handle the dispute should it go to court. Resolution of the dispute may even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
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 eliminates the need to go to court, while attempting to reach the same resolution that a court would have. Different types of ADR involve their own procedures, however, and they often include a neutral third party making a determination based on local law. An attorney specialized in Alternative Dispute Resolution can help you with your business dispute in Wood River if it is to be resolved out of court.