We all understand that when facing a business dispute resolution, will indeed be a very annoying nightmare for many entrepreneurs.
In business, we often encounter problems that must be resolved immediately. However, there is usually uncertainty, time-consuming, and costly in the process of resolving these problems. With this article about ways to solve a legal problem, you might find something useful that you could benefit in the future.
Ways to Solve Your Business Problem
To solve the business problems that you are currently facing. There are two choices of methods that can be legal advice that can provide the best solution in solving business problems. These two methods are through litigation and then by using non-litigation or alternative problem-solving that can be done outside the court, which can then be used to resolve a business dispute.
1. Litigation Method
Litigation itself is a formal process, which is usually the legal advice chosen to find dispute resolution in court. Imagine if you were to enter the arena of a court debate, where every argument you make must be presented with concrete evidence and a strong understanding of the legal basis.
Determining the Right Time to Sail the Sea of Litigation
Litigation can be the right choice of legal advice when you need an official decision from the Court. This would apply if you are looking for a firm, clear, and binding resolution, such as in a clear copyright infringement case or even in a significant contractual dispute.
In a sense, litigation is something that can act as the last tool in your legal toolbox. Litigation is a powerful and effective method of legal advice, but as legal advice itself, it must be used wisely.
Benefits of Litigation
One of the biggest advantages of using litigation as ways to solve a legal problem are the legal clarity and final decision that will be given by the relevant Court. This makes you feel like you have a map that can provide clarity in your legal journey.
By using the litigation method as legal advice, you will know the direction and purpose as well as the final result that is expected. The decision of the Court itself will provide certainty and this can be the best method of definitive resolution for your business dispute, which can also help you and all other parties know their rights and obligations with certainty.
Read also : Top Branding Strategies for the Automotive Business
2. Non-Litigation Method
When you are facing a business dispute, the less tortuous path may be more appealing. This is the essence of non-litigation, a lighter and more flexible alternative to litigation.
Non-litigation is a method of legal advice that takes place outside of court. This means that you can resolve your business disputes without the intervention of the court.
You can choose this method of legal advice if both parties can have a relaxed dialog and find a solution to the problem with a cool head. That way, you don’t have to waste a lot of energy and time using the litigation method.
Two Non-Litigation Pathways
There are two other options that you can find when choosing this non-litigation method. Here are two other pathways that can be found from the non-litigation method
1. Arbitration: Fast Solution and Privacy Preserved
Arbitration itself is a method of legal advice that you can choose, to resolve disputes outside the Court, which will be based on a written agreement between the parties related to the dispute itself.
If we can make an analogy, it can be said that if a Judge, is three independent Arbitrators who have been chosen together, will later make a decision that will bind both parties to the dispute. This is something that can often be quite an attractive option because the process is known to be faster and also very confidential when compared to a trial conducted in court.
2. Exploring Alternative Dispute Resolution Solutions
Dispute resolution that is carried out outside the Court itself, is carried out based on a consensus or even an agreement that has been made by the relevant parties. There are 5 (five) types of settlement and all of these can later be adjusted to what is your need.
- Consultation
- Negotiation
- Mediation
- Conciliation
- Expert Judgment
Advantages of Non-Litigation
One of the biggest advantages of the non-litigation method of legal advice in resolving business disputes is its flexibility and potential for cost savings. In contrast to the rigid and expensive litigation method, non-litigation is a method of legal advice that provides breathing space and negotiation, often at a much lower cost.
Limitations of Non-Litigation
However, it is important to remember that non-litigation legal advice methods will not always be effective. If the situation on both sides cannot be resolved, or even if one party does not want to commit to the process, then non-litigation methods will not yield good results. Those are some ways to solve a legal problem method for businesses that you need to know.