Business relationships are a lot like personal relationships. You trust each other to make good decisions and do what's right for the company, and when someone betrays that trust, the dispute that results can get very messy. Not only is your personal relationship on the line, but your business and career may be put in jeopardy, and that's something a lot of people can't afford to lose.
Although businesses should be handled with careful judgment and forethought, maintaining objectivity can be very difficult, if not impossible, when business relationships are involved. That's where a Chicago business dispute attorney can be helpful. We bring much-needed objectivity to the table that can only be achieved by someone who is not directly involved in the affairs of the business.
We also bring decades of knowledge of the relevant business laws. With years of experience in the field of business disputes, we can help bring all parties to a mutually beneficial understanding. When dividing the business (if it comes to that), we can help all sides make sure they get what they deserve and make the break as clean as possible.
You don't have to wait until things get rough before talking to a business dispute attorney in Chicago. In fact, the sooner you bring in a lawyer, the better off you'll be later on down the line.
When starting a business, people should create contracts to define their relationships with each other and with the business, as well as their responsibilities to the business. The problem with making these documents on your own is they often turn out vague or incomplete. This might be to account for the business growing and changing later on down the road. Instead, these documents can lead to problems as the business develops if the documents fail to clearly define who is responsible for what aspects of the business.
A business dispute attorney can help prevent problems from ever arising by helping business owners create these documents when their business is just starting out. For an ironclad agreement that leaves absolutely no doubt as to the relationship between the partners and their duties as they relate to their business, you need an experienced business dispute attorney.
Even with a strong agreement in place from the beginning, disputes can still arise between business partners. As the business grows and changes, responsibilities may change and one person may have a different view of the company's future from that of their business partner or shareholders. A failure to come to an agreement as to what the next steps should be when approaching an unforeseen dilemma can lead to a dispute that the parties are unable to reconcile.
If it comes to that, a Chicago business dispute lawyer can help make sure all parties abide by the terms laid out in the initial contract. An experienced attorney will be able to ensure a break that is as clean and hassle-free as possible, making sure all parties are satisfied with the ultimate outcome. Ultimately, this saves the business owners a lot of time and money so they can get back to the business of running their company. Our business dispute lawyers can guide Chicago entities through this process.