A dispute of any description can really affect your life in a negative way, causing stress and worry and as professional dispute resolution solicitors, we see this happening to businesses and the individuals running them.
Unlike many normal business problems, business disputes often play on your mind and don’t get left at the office with the rest of your work, adding additional pressure to relationships and family life.
There are a number of different ways that you can resolve a dispute connected with your business and there are many different areas where disputes can arise, some of these are:
Unfortunately disputes can take up a huge amount of your time and energy and can even take time away from running your business properly, so it can start to impact on your bottom line.
Particularly where there is a dispute with a shareholder, in a partnership or joint venture, there may be too much emotional baggage involved for you and the others to resolve it alone. In these circumstances, there will be agreements in place that were made between the parties involved in the dispute and these will be valuable tools in helping to bring the dispute to a close.
As with any dispute, the quicker it is resolved the better for everyone involved, particularly if it involves a financial element or if the dispute is damaging to your reputation or your ability to run your business. VLCW will do all we can to ensure that your dispute is handled as swiftly and efficiently as possible.
There are a number of options open to you to try to resolve your dispute. You may decide to go it alone and attempt to negotiate your way out of the situation, however this may be risky as you could damage an already fragile working relationship further.
You could attempt Alternative Dispute Resolution, also known as ADR. This may involve mediation or arbitration where a trained individual will hear from all parties involved and then come to a decision about the outcome of the dispute. It is important to understand that the outcome of any mediation is final, but not legally binding and therefore if the outcome is not the desired one, you do still have the option of litigation. This is not the case with arbitration though, as the decision made in these circumstances is legally binding.
If you decide to litigate, you should be fully prepared for the time this may take and how much it will cost. This really should be a last resort, when all else fails. However, if this is where you are, you can rely on us to be right there by your side working with you towards the right outcome.
Whether you need a solicitor’s letter to chase up some debt or if you are planning to take someone to court for breach of contract, VLCW’s specialist commercial dispute team are on hand to support you.
Using all our expertise, we will provide you with a clear picture of where you stand and your prospects of success as it is important that you are fully informed when making a decision about what your next steps will be.
In addition, we will be completely transparent about the costs involved in our services as this will no doubt help you to make a decision about how to move forwards.
Get in touch with our team today to discuss your commercial dispute with an experienced team of solicitors.
If you would like to find out more about how we can help you to resolve the dispute you are involved in, please contact us now.
You can call our team of dispute resolution solicitors on 020 7490 5861 or email us on firstname.lastname@example.org and one of our dispute resolution team will be happy to talk through your situation and offer advice on how we can help you to bring your dispute to an end.