Business Disputes

Are You Entangled In A Business Dispute Created By Misunderstanding Or Misconduct?

In the world of business, disputes can arise despite the best of intentions. Most professionals enter agreements and partnerships with optimism and hoping for the best. While you’d like to believe that everyone values honesty and transparency in business dealings the way you do, unfortunately, this is not always the case.

Sometimes a business associate will outrightly defraud you, but more often, business disputes happen as a result of miscommunication or misunderstanding. Conflict, while not inevitable, is at the very least predictable.

If only you and your business partners understood your respective rights, duties, and obligations better, the dispute between you might never have occurred. But what options do you have when the harm has been done?

The best way forward is to avoid repeating the mistakes of the past. Moving ahead, you’ll need to create a new agreement that clarifies each party’s legal rights and obligations. So, how do you achieve this goal? That’s where a business dispute lawyer can help. 

Schneider Law, P.C.: Offering You Proactive Guidance In Business Disputes

Jared Schneider is professionally recognized year after year for his excellence as a leader in business dispute mediation and litigation. His legal guidance is focused on proactive strategies to achieve your business goals and guarantee your business’s success. He believes that acting with honesty, integrity, and transparency is the best way to prevent business disputes.

He also advises that the other way to prevent disputes is by resolving conflicts before they happen. This goal is achieved by carefully crafting legally binding agreements that:

• Anticipate the potential for disputes
• Make provision to resolve them
• Define roles, responsibilities and obligations of the parties clearly

Sometimes it’s too late for prevention. Whether it’s fraud, misappropriation, misrepresentation, breach of contract, or breach of fiduciary duty, if you’re already involved in a dispute, contact Jared Schneider for solutions and a constructive way forward.

Can Your Dispute Be Resolved Without Going To Court?

Sometimes, litigation in court is unavoidable. However, going to trial should be a last resort. Because parties have the right to modify business agreements by mutual consent in Indiana, and many business disputes are often caused by miscommunication or misunderstanding, it’s prudent to consider more constructive forms of resolution first.

A court case can lead to lost time, money, and emotional investments, that’s why many clients choose alternative dispute resolution. The three types of alternative dispute resolution available are negotiation, mediation and arbitration. Each is voluntary and has the advantages of providing a confidential forum, saving time and money while allowing the business to operate unencumbered during pending resolutions.

While each form of resolution offers similar benefits over litigation in court, they are distinct in their process and intent:

1. Negotiation would be the initial and most informal process, whereby the parties work to resolve the dispute themselves without outside intervention.
2. Mediation is a voluntary process where you and the other party work with an independent and neutral third party (a licensed mediator) to resolve the conflict in a non-adversarial, collaborative way. The mediator is skilled at facilitating discussion between the parties in an effort to reach a mutually satisfactory resolution.
3. Arbitration is also a voluntary process, but with some of the formalities of a trial, such as the discovery process, whereby the parties exchange information before a hearing. Parties choose an arbitrator to preside over a hearing that resembles a trial insofar as evidence is presented, witnesses testify and both sides make arguments.

The parties also decide whether the arbitrator’s decision (the “award”) will be binding or non-binding. Binding arbitration is more common, meaning the arbitrator’s decision is final and the parties waive the right to further action in court.

An attorney is invaluable for negotiations, mediation, and arbitration. Their oversight ensures that the resulting agreement is fair and clearly defines the parties’ rights and responsibilities.

Schneider Law, P.C.: Working With You To Resolve Your Dispute

If you’re ready to resolve your business dispute, the next step to take is a conversation with someone who is highly qualified to guide and advise you. Jared Schneider is committed to securing a resolution to your business dispute that clarifies expectations, protects your rights, and ensures your financial stability.

Whether your dispute is resolved through negotiation, alternative dispute resolution, or trial, Jared Schneider will be there – offering his experience, advice, and care every step of the way.

Contact Schneider Law, P.C., To Begin Resolving Your Dispute

Your search for a “business disputes attorney near me” connected you with an ethical, dedicated business disputes attorney with a peerless reputation. Contact Jared Schneider today at (812) 561-7772 for a free, 20-minute phone consultation or schedule a consultation at our Bloomington office by visiting our client contact page.