Building a business from the ground up requires a lot of time, effort, and resources. While many businesses can function with a few minor difficulties, disputes involving business law can be one of the major problems they encounter.
As the owner of the Thornton Law Firm, I am passionate about helping guide businesses through the tough situations. Business owners may run into a few (or many) issues throughout the years that require a knowledgeable business law attorney. Recognizing the things that have the potential to turn into a dispute is a good way to avoid them.
The most common business law disputes that I have seen with my business owners in Raleigh are:
- Breach of contract: When contracts are signed, the signers are legally bound to the agreement written on the contract. Issues arise when one party does not abide by the agreement they signed for. Issues can also arise from a contract’s being unclear. Ensuring that contracts are explicit, thorough, and leave no room for interpretation is one way to avoid disputes.
- Employment disputes: Race, sex, disability, and other things where employees can be discriminated against always have the potential to escalate into a dispute. There may be disagreements between employees and employers about salary or pay, leave, and unfair dismissal. Having clear policies and an employee handbook can help to prevent employment disputes.
- Partnership disputes: Those who hold leadership roles in a business can also have disputes. Partners in a business may have a disagreement on how things a run, on how employees that are hired, or on financial decisions. One partner may take action in the business that is not previously approved by the other partner. It is important to communicate with each other to prevent these disputes.
While not all business disputes require representation by a lawyer, it may be within a business’s self-interest to consult a lawyer about what steps to take in a dispute. Thornton Law Firm would be happy to assist you in these situations. Contact us today for a consultation.