Types of Business Disputes You May Need a Florida Contract Attorney For

 Posted on March 29,2023 in Business Law

Owning your own business can be rewarding, but it can also be stressful when you find yourself facing a business dispute. And there is good reason for this stress since any business dispute can escalate into an issue that can have a serious impact on your company. This includes both internal disputes and external disputes. The following are some of the most common business disputes that our Florida business law firm handles.

Internal Business Disputes

Some of the most common internal business disputes involve employment issues. These types of disputes include salary disagreements, family leave disputes, discrimination allegations, and wrongful termination claims.

Internal business disputes can also involve partners or shareholders. These are also fairly common disputes in the business world. Some of the issues that are typically involved in these types of disagreements are:

• Business strategies

• Changes in company leadership

• Company finances

• Compensation for employees

• Compensation for partners

• Decisions about hiring

• Differences in opinions regarding the goals or direction of the company

• Plan for business succession

One of the best ways to avoid partnership disputes is to have a solid partnership agreement in place that addresses many of the most common business issues that can arise and lead to disputes. Agreements should also stipulate how the parties will address any disputes that do occur.

External Disputes

It is not uncommon for companies to work together and form business relationships. Many of these relationships involve entering into some type of written agreement or contract. Businesses also form relationships with customers and these, too, typically involve some type of contract.

But even with a contract in place, business disputes do arise that ultimately involve some kind of legal action in order to resolve the issue. Contract disputes and breaches of contracts are some of the most common external business disputes that arise. The issue becomes even murkier if the contract the parties entered into is ambiguous or vague on the issues.

This is another reason why it is critical to have an experienced contract attorney representing you in any business contract transaction. Your attorney will not only make sure that your company’s interests are protected but also make sure there are stipulations as to how disputes should be resolved.

Contact a Fort Lauderdale, FL Business Lawyer

If you own your own company or are in the beginning stages of opening one up, you want a skilled Broward County contract attorney working for you and with you to help avoid any future business disputes. Call The Elliot Legal Group, P.A. at 754-332-2101 to schedule a consultation to discuss how our firm can help you with all of your business’s legal needs.

Source:

http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0500-0599/0501/Sections/0501.615.html