When most businesses in Indiana are facing legal challenges, the decision-makers are looking for cost-effective solutions. However, if you are already facing litigation, what are your options?
A path through litigation
Breach of contract litigation is among the most common legal challenges that any business will face. After all, no matter what type of business you are in, chances are that contracts form the bedrock of your relationships with other businesses, customers, vendors and maybe even key executives on your own team. A breach of contract claim can seem quite simple: one party or the other did not perform as obligated under the contract terms and conditions. But, once litigation starts, it can oftentimes seem like an endless quagmire is in front of you.
In general, most civil lawsuits do not go to trial these days. Other options for resolving litigation are commonly entertained, such as mediation or arbitration, or even direct settlement negotiations between the parties. When the choice is between accumulating fees and stress by pursuing full-scale litigation or the potential to settle the case, many decision-makers will make the “business decision” that settlement is the appropriate path forward.
Of course, there will be situations in which it is appropriate to push the case toward trial. Further discovery efforts and development of the case in preparation for trial might lead one side or the other to determine that their case isn’t as strong as they thought it was when it was first filed. The crucial point, however, is that your case is unique and the options your business is ready to consider may be different from others. If you are facing a breach of contract lawsuit or any other legal challenge, be sure that your business is getting the right advice about the best path forward.
