Although a lawsuit should be the last thing that any business owner wants, there are times when it is a necessity. Notwithstanding the costs and disruptions, you may have no choice but to file a lawsuit.
Common Examples of Business Litigation
One common situation that requires litigation is when you have a contract dispute. If you have not been able to resolve the dispute through negotiation, you may need to sue for remedies when someone does not hold up their end of the bargain. The court would likely order the other party to pay because a decree of specific performance is rare.
Another common reason for litigation is a partnership dispute. These cases can get very emotional and heated because of the relationship between partners. These disputes can threaten the very existence of your business when you cannot negotiate a solution to a dispute. In the end, litigation may be your most effective means of addressing the problem, especially when everything else has failed.
Weigh the Pros and Cons Before Deciding
Of course, litigation should be the last possible option under most circumstances. Before you make the decision to file a lawsuit, you must weigh the costs and benefits of a lawsuit. You should have a full understanding of all the risks, including the worst-case scenario. Litigation is expensive and time-consuming.
In some cases, the threat of litigation may be more effective than actually going to court. Most cases will be resolved at some point without the need for a trial because people understand the costs. The prospect of litigation often forces parties to come to the table, which is usually better than having a judge decide the dispute.
Call an Alpharetta Business Litigation Lawyer Today
An Alpharetta business litigation attorney can help you review your possible courses of action and file a lawsuit if necessary. Call Battleson Law LLC at 470.398.0720 or contact us online to discuss your case. We will work through the various scenarios and give you commonsense and practical advice.