Business disputes are a common problem for both large and small companies. In fact, litigation has increased substantially when it comes to business-related issues.

While we have discussed broken contracts and agreements in detail on this blog, there are several other legal issues that business owners are susceptible to on the road to success.

Lets discuss three common disputes you will want to protect your business from:

1. Employment Disputes

Employment is a complex area of law. Three disputes that often lead to lawsuits are discrimination, sexual harassment, and workers compensation claims. There are others, including wrongful termination and trade secret issues involving current and former employees, that you may be forced to deal with.

2. Breach of Contract Disputes

A written contract is a legally binding agreement. The parties are obligated to perform services and provide products as promised. Unfortunately, contracts are not always honored. While some end amicably, others are breached. Those broken agreements can cause your business to lose money and force you to file a lawsuit to recover your damages.

3. Business-to-Business Disputes

There are many advantages to building business-to-business relationships. When they are on one accord, two (or more) companies can support, strengthen, and generate word of mouth buzz for each other. However, those same relationships can get messy when disagreements come into play. These types of disputes can lead to costly litigation that is not beneficial for either business.

Hire a lawyer to protect your Florida business.

An experienced business lawyer will attempt to resolve business disputes in the most creative, cost-efficient, and expedient manner possible. This may include offering alternatives – such as mediation and arbitration – that will get you closer to the resolution you desire.

In mediation, all parties sit down with a third-party mediator to discuss the claims and reach a mutual settlement agreement. Arbitration, in contrast, is when the parties present their cases to an arbitrator, who then makes a settlement decisions for all parties to adhere to.

Is your company protected from the common business disputes mentioned above?

Contact the business lawyers of Schecter Law, PA to discuss how (and why) you should take proactive action to protect your business. You can use this form to email or call us at (954) 779-7009.

Photo credit: pennstatelaw

Tags: breach of contract, broken agreement, business dispute, business to business, protect your business

This entry was posted on Wednesday, July 21st, 2010 at 1:38 pm and is filed under breach of contract, business, business lawyer, contract law, small business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.