15.6 C
Lancashire
Thursday, July 25, 2024

Business Disputes: Why Litigation is the Better Option

Running a business is a challenging enough endeavour, from having a direct hand in sustainable and efficient growth to reading and responding to market volatility effectively. But even taking into account the various economic fluctuations that can serve as roadblocks to business progression, the road to long-term success is not a smooth one.

Disputes are an unavoidable part of growing a business. Whether unamicable separation of founding partners or collaborating parties, allegations of impropriety by prior customers or other forms of interpersonal disagreement, your business is highly likely to encounter some difficult conversations regarding conduct and liability.

While the temptation can be to handle these claims or disputes directly and privately, whether a plaintiff or defendant, this can actually work against your short- and long-term ambitions and create further issues down the line.

Litigating the process – that is, putting the dispute to a court of law, allowing a judge to evaluate all evidence objectively and receiving an independent judgement on resolution – is arguably the better option. If you are anticipating a dispute with a former supplier, partner or customer, approaching litigation lawyers to manage the dispute properly can be crucial to ensuring said dispute has minimal impact on your business. But why is this?

Cooperation

First and foremost, litigation breeds cooperation. For example, your business may have invested in another venture with a tacit agreement on investment returns after a certain period. This new business may sever communication and refuse to engage with your requests for compensation. Litigation forces the business’ hand; a letter before the claim gives notice of action, after which the court can summon the company to court proceedings.

Transparency

The litigation process is also necessarily transparent, as evidence and court documents are recorded immutably. The court’s record is a public one, allowing you as a business to legitimise any claims surrounding your candour or contributions to the process.

This can also work in your favour for new civil disputes, where court records from previous disputes can be admissible for your own arguments and evidence.

Justice

Seeking litigation for civil disputes means you receive just treatment and judgement from the court. Not only this, but the just nature of the process enables you to appeal any decisions you believe to be incorrect or ill-founded. This can be a curse just as much as it can be a blessing though, as the same opportunity is afforded to the other party if you bring a case against someone else.

Cost

Lastly, litigation is usually painted as a costly endeavour, between legal fees and potential monetary judgements. But litigation can in fact be the less costly option, especially for small claims and minor disputes. Rather than spending time and energy achieving a result through alternative means of dispute resolution, which can often end up in court anyway, the process is streamlined and the costs of legal representation are easily calculated.

Sam Allcock
Sam Allcockhttps://businesslancashire.co.uk/
Sam Allcock is a highly regarded digital entrepreneur with over 20 years’ experience in online marketing for some of the World’s biggest brands. He has extensive knowledge and experience in SEO and digital marketing. He is based in Cheshire but has an interest in all things going on in the North West and enjoys contributing local news to the site.
spot_imgspot_img

Latest

Francis Ngannou: Next fight vs Ferreira in PFL, says ex-UFC king

Francis Ngannou has said he expects to return to...

Hull Business Launches Yorkshire-Themed Hamper to Celebrate Yorkshire Day 2024

Hull-based gift hamper company, Peach Hampers, is delighted to...

ACTEXPO24: Discover the Finest Coffee and Tea at Africa Coffee & Tea Expo 2024

As the global demand for premium coffee and artisanal...

Appeal after serious collision on the M6 leaves five people injured

Lancashire Police are appealing for witnesses and footage after...
spot_img

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

Dad jailed for murdering two-year-old son

A man has been jailed for life for the...

Investigation launched following fatal fire in Blackpool

A joint investigation has been launched following a fatal...

Bury author scoops Lancashire’s Book of the Year Award for third year running

A talented author from Bury has been handed a...

Colne gears up to host major British cycling event

Some of the top riders in the country will...

More News

Lancashire launches new business board to grow local economy

An independent board has been formed with heads of Lancashire’s leading regional, national and international companies, with a view to boost growth in the...

Legal expert reveals steps to take after personal data breaches

A legal expert has outlined what to do if your personal data has been breached following cyber attacks on the NHS and Ticketmaster. A data...

How are businesses dealt with in divorce?

How businesses are dealt with in divorce, is one of the most questions asked of Jane Tenquist, head of family law team at Myerson...