4 Common Types of Business Contract Disputes
Contract disputes are an unfortunate cost of being involved in a business. They’re usually unexpected and unexciting parts of the job. You can rest assured when you invest in an experienced business attorney in Bucks County PA. A Bucks County business lawyer can provide you with the protection you need to resolve a legal dispute with minimal damage.
What Are the Most Common Types of Contract Disputes?
The following are four of the most common types of contract disputes:
Employment Disputes
An employment dispute is a disagreement between an employer and their employee, usually relating to their rights. A business employer’s primary focus is likely to ensure a profitable business stays alive and flourishing. But business employers also need to think a lot about how they treat their employees. A significant part of running a business involves dealing with employment disputes. There are many different types of employment disputes, including the following:
- Racial discrimination disputes
- Sexual harassment claims
- Claims involving the U.S. Equal Employment Opportunity Commission (EEOC)
- Claims involving non-compete agreements or severance agreements
- Claims involving employment contracts
- Wrongful termination cases
- Wage and hour disputes
Employment disputes can take a considerable amount of time and assets to resolve. Decrease the likelihood of employment disputes by hiring a Bucks County business attorney. They can review your employment practices and contracts to ensure you’re aware of any possible red flags before a dispute surfaces.
Partnership Disputes
A partnership dispute occurs when partners disagree on what is best for their business. Partners often butt heads sooner or later, making this type of dispute relatively common. Partnership disputes range from disagreements regarding business strategy and planning to financial compensation to leadership roles. If a business begins to grow, partners may also disagree on where to go with the company’s future. Before your partnership dissolves, try contracting a Bucks County business lawyer to help reconcile your dispute or settle it in a practical matter, where both parties walk away satisfied.
Breach of Contract
A breach of contract is when one party doesn’t honor their end of an agreement or contract. Disputes often arise out of a contract because the contract is incomplete or unclear. This inconsistency tends to result in each party interpreting the contract differently, most likely in favor of themselves. The misinterpretation usually leads to one party failing to keep their end of the agreement.
Business-to-Business Disagreements
A business-to-business disagreement involves one business seeing another business’s actions as unfair or deceptive. When conflicts happen between businesses, each company may require professional representation and legal action with a business lawyer Bucks County, depending on the severity of the dispute. Litigation generally arises in this type of dispute. Litigation refers to the process of resolving disputes through a court of law.
The following are some business-to-business disputes that may spark a lawsuit:
- Disputes over debt and debt collection
- Fraud or misrepresentation of facts
- Infringement of intellectual property (trademarks, trade secrets, copyrighted materials, or patents)
- Zoning and land use disputes
- Damage to the reputation of a business
- Disputes over the sale or transfer of a business (mergers and acquisitions)
How a Bucks County Business Attorney Can Help
Disputes are often costly and time-consuming. Possibly the best thing to help resolve a conflict is to hire an experienced business lawyer. At Olen Law Office, we provide a knowledgeable and professional business attorney Bucks County to help you with any type of contract dispute you encounter. Business attorney Mr. Olen protects business interests with sound advice and backup. If you’re looking for a business attorney in Bucks County PA, contact the firm today at 215-943-5343 or send us a message through our online contact form.