Ways to Avoid Disputes in Business
Aug 15, 2013 | Share This Article:
While many parts of your business may operate on trust and a handshake, there are things you should do to protect yourself from unwarranted litigation that arises from contractual agreements.
Our skilled Tucson business contract lawyers offer the following advice to help minimize problems in your business relations:
Put it in writing. Although many business people are reluctant to write down the terms of their agreements, this is not a wise practice. Having a skilled business contract attorney help you memorialize the key points of your contractual arrangements can help avoid costly courtroom battles and can leave interpretation of facts to more than just memory. Oral agreements may not be enforceable.
Avoid going to court. Certainly there are times when it is necessary to protect your rights and your business by seeking justice in a courtroom. However, litigation is not something to be entered into lightly. Alternative dispute resolution measures such as arbitration or mediation may allow you to settle your disagreements in a quicker and less costly fashion than litigation.
Be a good record keeper. When things go awry, the more detailed and accurate your records, the easier it will be to prove your case. Records of income and expenses and detailed minutes are paramount in your quest to maintain clarity and proof of corporate structure.
An experienced attorney at Heurlin Sherlock can help put your business in the strongest position possible to avoid and withstand legal challenges to your contractual arrangements.
Posted In Blog, Business Litigation