Understanding Contract Disputes and Litigation

Understanding Contract Disputes and Litigation

| Jan 6, 2015 | Business Litigation |

As a business owner, one of the biggest issues you want to avoid is a problem with a contract or agreement. Contract litigation and disputes can come in many different forms, but regardless of the issue, resolving it immediately is the best course of action for both parties involved. Before you create a contract or agree to sign with a business partner, client or company, understanding disputes, litigation, and resolutions will help you in the event a problem arises.

What is Contract Litigation?

Contract litigation is simple: It is when there is a disagreement or dispute between the parties involved. There are many different kinds of disagreements that can occur after a contract is signed or during its draft stages.

Many of the issues with a contract occur because one or both parties are confused by the wording or don’t understand certain portions of the draft. It is important to seek out the assistance from a lawyer when it comes to drafting or reviewing a contract before signing, so you can ensure these issues don’t happen. There are many ways to avoid contract disputes.

Possible Contract Disputes

While all contracts vary from party to party, there are contract basics that should be recognized. Some contracts that are constructed by individuals on their own can be confusing, so it is important to make sure everything is spelled out correctly and easy to understand. Contract disputes can be quite common, and can include:

● Confusion surrounding expectations of a party
● Misunderstandings surrounding financial transactions or assets
● The services in exchange for compensation amounts

How Can a Lawyer Help?

Avoiding a contract dispute will not only save you time and money but it will save you the hassle of having to go to court. Therefore, hiring a lawyer to draft a contract will ease the process for both parties. A lawyer can create a basic outline that is worded correctly, easy to understand, and clearly explains contract details.

A lawyer that is experienced in contract litigation can help you deal with problems such as breach of contract, understanding and interpreting a contract, agreements that are non-compete or even assistance in enforcing contract terms.

Seeking Out Legal Representation

If you’re a business owner or simply an individual in a contract that you don’t agree with or don’t understand, seeking out the assistance of a qualified West Palm Beach contract litigation attorney can help you find a solution to your problems. Contact the Law Offices of Peter M. Feaman at (561) 734-5552.

Our attorneys can help you review the contract and find the best way to solve your disputes.

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