When you start your own business, regardless of the industry that you are in, you will likely run into some kind of disagreement. This can be with various people, including co-founders, vendors, employees, and other interested parties, and often involve topics like money, contract terms, intellectual property, and more. While some of these disagreements can be handled in private, or without the need for legal intervention, some commercial disputes should be left in the hands of the professionals.
Depending on the type and severity of your business dispute, it might be a smart idea to reach out to an experienced business attorney in San Francisco, to discuss your case. When approaching any kind of negotiation or litigation, it’s crucial that you understand your rights and responsibilities, and take precautions to protect your interests. Too often, people attempt to resolve serious arguments over contracts, shareholder benefits, or unfair competition claims without a lawyer that specializes in this area. And this can lead to disastrous consequences.
If you are currently embroiled in a commercial dispute, or can see one growing on the horizon, here are three things you need to know:
- Record and save everything
Evidence and documentation is priceless in any legal case, so if you haven’t already started saving or documenting, now’s the time. Make note of any communication you have with the party you’re in dispute with, including emails and phone calls. Also, make copies of any pertinent records like invoices and contracts.
- Don’t say too much
Sometimes, especially when faced with their first real dispute, people talk too much, get defensive, or make promises they can’t keep. If you wish to protect your interests, avoid discussing too many details about your disagreements, potential resolutions, or other insider information. Instead, hand over all your documentation to your attorney, and allow them to manage the interactions.
- Hire the right law firm
When you have a lot on the line, like many business owners do, it’s critical that you not try to cut corners with your legal counsel and representation. Don’t fall for slick marketing or rock-bottom pricing for some of the business lawyers in San Francisco. Do your research to find a qualified law firm that has experience dealing with commercial litigation. It’ll be worth it in the end.
Need to speak with a law firm that you can trust to have your back in the face of disagreement? Primum Law is here. Get in touch with us today for your free consultation.