Several 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 New Richmond, Wisconsin, the parties should first go over any relevant documents, especially contracts. There may be terms in these documents that determine 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 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, Wisconsin courts will use particular legal principles designed for the situation. The fields of contract law and dispute resolution are defined by local state law. New Richmond attorneys are accustomed to handling disputes under Wisconsin 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
Disputes 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 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 decide a dispute based on local law just as a judge would do. An attorney familiar with ADR in New Richmond can counsel you through the process if your business dispute is to be resolved by ADR.