Business Partnership Litigation vs Negotiated Settlement - Which is More Cost Effective?
Understanding Which Option is Best for You
This question doesn't always have the same answer but in the majority of situations it is safe to say that it is more cost effective during a business partnership dispute, especially if the dispute is serious, to choose litigation over negotiating a settlement. The reason for this is that many times negotiating a settlement (even when it involves a partnership dispute lawyer) may just give the partner more time to better his or her position and, possibly, gain an advantage which will more than likely lead to being more costly in the long run.
Making a Move (Before Your Partner Does)
By choosing litigation your partnership dispute lawyer will be able to develop the right strategy and start an accelerated lawsuit involving an emergency motion for injunctive relief. Being ahead of the curve in a partnership dispute allows you to balance the playing field and gain an advantage. Choosing the right method during a partnership dispute ultimately depends on the individual situation but in any situation it is always best to make moves sooner rather than later.
There are also numerous resources available on our website about partnership disputes. Also, if you are involved in a partnership dispute in New York or New Jersey receive a complimentary copy of Charles Internicola's book "The New York and New Jersey Partnership Dispute Guide".
If you would like to discuss your New York or New Jersey partnership dispute with partnership dispute attorney Charles Internicola call 1-800-976-4904 or use our web form.
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