Commercial Litigation Options for Protecting the Rights of Your Business
When it comes to protecting your rights, there is little that should stand in your way. Of course, we do not live in a perfect society, and there are times when it would probably make sense to give your lawyer a call in order to avoid the damage of an ugly dispute that has the ability to tear apart families and friendships. And then there is the corporate level. Commercial litigation can be an even trickier thing to navigate, and for that reason, should you find your company in some sort of legal issue, you will want to be able to rest assured that you have the best commercial litigation attorney of the highest quality.
Construction and employment law firms
There is a vast number of different types of businesses, all with their strengths and weaknesses, as well as their specialties and potential disputes that can arise. In the construction industry alone, there are such wide opportunities to get into legal issues, from problems with hiring and employees, to dangerous worksite situations that can, and too often do, result in serious injury or even death. The thing to remember here is that there is not always some evil culprit that people are trying to get out from under by suing, rather commercial litigation addresses the need for rights to be protected.
In the construction industry alone, the number of claims and counterclaims made over the course of just one year was estimated to be valued at around $5.5 billion. Over that same year, there were more than 500 cases in the construction field with claims that were at least $500,000. The largest of those cases, when mediation was the course of action taken, ended up being for $2.6 billion, and the biggest arbitration case was for $96 million.
Moving forward from resolved legal issues
The ADR, which stands for the American Arbitration Association, is the method of choice when it comes to conflict management in construction. The best way to truly ensure that it is resolved is to move forward from whatever issue had presented itself in the first place in order to continue with business and build up something better. Legal issues don’t have to mean headaches or trouble, especially when you have the right team on your side.
More research here.