How Does Litigation Affect Business?

Stephen J. O'Connor's Business Law Legal Blogs

Licensed for 31 years

Attorney in Washington, DC

It is inevitable that at some point or another all businesses will face a legal dispute.  Business litigation takes many forms, including contract disputes, premises liability, misrepresentation, and employment matters.  All have the potential to bring about unwanted consequences for both small and large businesses. 

 

Having the help of skilled DC business litigation attorneys ensures your company’s interests are protected and disputes are handled in a calm and efficient manner.  Legal professionals help resolve disputes and work to find acceptable solutions that lessen the negative impact on businesses.

 

Ideally, business disputes can be resolved without resorting to litigation through direct negotiations, mediation, or arbitration, which are often faster, less expensive, and more private than litigation.  However, sometimes litigation is unavoidable.  When parties are not willing to consider other options or have found alternatives to litigation unsuccessful then litigation must be considered.

 

Drawbacks of litigation

 

Unfortunately, for many business owners litigation has major drawbacks including:

 

  • Costs. Litigation can be a drain on finances, time, energy, emotions, and resources.  Many small businesses have limited operating budgets and the effects of a costly, time-consuming lawsuit can be devastating.

 

  • Relationships. Disputes often drive a wedge between parties.  Feelings may be hurt and relationships may end up severed. 

 

  • The bottom line. Litigation, in all its forms, can have a negative effect on a company’s bottom line.  Publicized employee disputes can tarnish a company’s reputation.  Accusations of fraud or contract disputes can force a company to put business on hold.  Litigation can ultimately diminish a company’s value, drive down sales, or even cause a business to fold.

 

Litigation has the potential to turn a business upside down—but with the DC business lawyer, damages can be minimized.  Experienced business attorneys know the law and how to use it to create solutions, while also protecting the interests of your company, employees, and investors. 

 

Contact us

If your company is facing the threat of litigation, it is essential to consult with a skilled business litigator.  Likewise, if your company has been wronged or fallen victim to another party’s misconduct it is equally important to seek legal representation to fight for your company’s best interests. Contact Tobin, O’Connor & Ewing to discuss your situation. We can be your best resource and we look forward to serving you.

It is inevitable that at some point or another all businesses will face a legal dispute.  Business litigation takes many forms, including contract disputes, premises liability, misrepresentation, and employment matters.  All have the potential to bring about unwanted consequences for both small and large businesses. 

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