There are multiple ways to settle a business dispute. The most well-known way is traditional litigation, but this is not the only option. Many businesses opt for either mediation or arbitration when faced with disputes. In many cases, mediation and arbitration can...
Business Litigation
Can you business partners cheat you or lie to you?
It can be exceedingly difficult to start and operate a business venture without some assistance. Setting up a business partnership allows you to take advantage of the skills, knowledge and even capital of others. For that reason, it is not hard to see why business...
Is your business partner a narcissist?
Unless you are independently wealthy, it can be difficult to go into business without some help. This is true even if you have a fantastic idea for an in-demand product or service. Finding business partners ensures you have the capital and talent you need to succeed...
What can I do when at an impasse?
Negotiation is not easy. While there are advantages to trying alternative dispute resolution methods, it is still possible to end up at an impasse. An impasse is what occurs when both parties “lock horns” at the negotiating table and talks come to a standstill. In...
Common causes of shareholder disputes
Disputes are a near-inevitability in the business world. If you run your own corporation, the most sensitive disputes you should anticipate are those that involve shareholders. The slightest thing can set stakeholders against one another, or at times the dispute might...
What are the most common disputes business owners are likely to face?
If you are a business owner, you have a wide variety of projects and responsibilities to attend to on a daily basis. You are especially interested in those that move your business forward, but not every day ends on a positive note. What are the most common business...
How can mediation benefit your company?
During a business dispute, you have an obligation to your company to handle the dispute fairly and to save as much money as possible. In severe cases, a business dispute can bankrupt a company. Fortunately, most disputes are breaches of contract and failure to collect...
Breach of contract: What you should know
Whether you are a small business owner or run a major corporation, contracts may be a significant part of your daily business. When you enter into a contract with another party, both parties agree to certain terms detailed in the document. When one party breaks their...
How can you prevent cyberattacks?
As a business owner, you must protect your staff and client information. Cyber attacks cost businesses money, but they can cost your clients, staff and others. It can also cost your business if someone files a lawsuit against you for negligence. According to the U.S....
How does a small business owner guard against a damaging lawsuit?
No business owner likes to think about the possibility of a lawsuit, but a small business owner is especially vulnerable if litigation threatens. How do you protect yourself and your company against a lawsuit that could devastate the business that is a major part of...