If your business finds itself subject to a commercial contract dispute and direct contact has failed to solve the issue, seeking the help of a legal service provider should be your next step. Here is some basic guidance to inform your choice of legal expert.
Commercial contract disputes can cover a huge range of issues, providing they were subject to an agreement signed by two or more commercial businesses. This can include sale and supply issues or more complex arrangements such as mergers.
It is likely that any commercial contract will be suspended, terminated or rendered null and void in the event of a dispute. You may be able to attempt mediation with the claimant, offer a settlement, refute the claim or lodge your own counter claim where necessary. A legal service provider is well placed to advise on your options based on the facts of the case.
Commercial contract claims can prove to be costly, as claimants typically seek damages and the payment of their own court fees and legal service provision. If you are found to be at-fault then damage to your reputation could prove to be an additional cost.
Commercial contract disputes are a specialist area of commercial law, so you should be sure that your chosen legal provider has the expertise to handle your case satisfactorily. It is also worth considering factors such as location, reputation, size and cost of a firm before making your decision.
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Legal service providers typically charge on an hourly rate basis for commercial contract disputes.
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Commercial Contract Dispute (Defendant)