Many different grounds can give rise to Business disputes in Wisconsin. Often, businesses will disagree over the exact meaning of terms found in contracts or prior oral agreements. Billing issues and property matters also commonly form grounds for disagreements between businesses.
What to Do in a Business Dispute?
In a business dispute in Medford, Wisconsin, the parties should first go over any relevant documents, especially contracts. There might be terms in these documents that decide how to handle the dispute. If the contracts do not have resolution clauses, or neither business has any recorded documents relevant to the dispute, then the matter 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, Wisconsin courts will use specific legal principles designed for the situation. The fields of contract law and dispute resolution are defined by local state law. Medford lawyers are accustomed to handling disputes under Wisconsin law, and can offer personalized advice for all types of business disputes. An attorney's knowledge of the law may also lead to a more streamlined discussion with the other business about how to resolve the dispute. Negotiations might even enable you to resolve the dispute without going to court.
Alternative Dispute Resolution
Contracts often have terms 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 eradicates 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 decision based on local law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Medford if it is to be resolved out of court.