Business litigation involves business entities like companies and their workers. Also, it can involve sole proprietors or business partners. Business lawsuits require extensive evidence through documentation, research, and witnesses. And reaching a settlement takes years, particularly if cases involve huge sums of money. Thankfully, a Clearwater business litigation lawyer can assist business owners in addressing these issues.
Kinds of Business Litigation
Business litigation covers everything from breach of contract to workplace discrimination. Some can involve a huge organization that has hundreds of workers. Others may involve a problem between a small business and a worker. Below are examples of problems that result in a need for an attorney who specializes in business litigation:
- Employment. The majority of employment issues require navigating both state and federal law. Employment disputes that can arise include wage-related issues, discrimination, workplace harassment, retaliation, wrongful termination, FMLA violations, and breach of nondisclosure or non-compete agreements.
- Partnership. Sometimes, the problem is between business partners. Problems can arise over wrongful activity, misappropriated funds, or simple disagreements on how to run a company. Usually, these claims arise when a partner breaches a fiduciary duty to the other. Some disagreements can become full-blown feuds that require the involvement of a business litigation attorney.
- Breach of contract. Your business’s success relies on each of your employees fulfilling their obligations as stipulated in the employment contract. However, contract breaches can happen and seriously impact all parties. Because of this, you need a lawyer to help you address these issues.
- Intellectual property. Your business relies on the right to possess intellectual property. It is the source of constant revenue and financial stability. It includes trade secrets, copyrights, trademarks, and patents.
- Product liability. If your business is offering products or services, there’s plenty of pressure and responsibility. No matter how great your processes are, problems can arise. If clients, customers, or workers have been impacted, class-action lawsuits can be filed against your business. these lawsuits can drain your company’s finances and consume lots of time.
Why You Need an Attorney
Business lawsuits take money and time. And legal battles can drag on for years. A business litigation attorney will help you navigate lawsuits. They can file papers and communicate with the other party involved. By having a legal representative, you can concentrate on keeping your business on track. Your attorney will research the facts, documentation, and circumstances as well as determine the kind of experts and witnesses necessary to strengthen your case.