Why Are Commercial Dispute Resolutions Important?

A commercial dispute is likely to occur no matter what business or industry you are in.  

They may arise in an employment situation where an employee challenges the terms of their contract. They may also occur in other business relationships, such as between suppliers and customers or partners who disagree over how to proceed with a project.  

Did you know that commercial disputes account for over 50% of all litigation in the UK? 

When a dispute arises, it is important that you know your rights as well as what options are available for resolving the issue.  

What is a Commercial Dispute? 

Commercial disputes exist in many forms: they can be contractual, such as a dispute over whether a company has breached a contract or not; they can be regulatory, such as when government agencies impose fines on companies for non-compliance with regulations; and they can also be related to employment issues or property ownership. 

Commercial litigation is one area where commercial disputes often arise. Commercial litigation involves two businesses or organisations that are disputing each other over some kind of disagreement related to business activities or property ownership rights. 

What are the Common Types of Commercial Litigation? 

Commercial litigation issues can arise in many different industries between varying parties.  

This means that it is no surprise to see a rise in legal issues surrounding commercial law. 

Some examples of common types of commercial litigation which Harry Suleman Solicitors can help you with include: 

• Breach of contract cases 
• Debt claims 

• Professional negligence 
• Insurance disputes 
• Property litigation 

Here at Harry Suleman Solicitors, we have significant experience working with clients in the haulage and logistics industry and across a number of other sectors. 

A Commercial Dispute Can Be Very Expensive To Resolve 

In a commercial dispute, the costs are likely to be more than you realise. The legal fees alone can be very expensive.  

If a solicitor does not act on your behalf immediately, it may be too late for them to help you resolve the matter. 

Don’t worry, though. Instructing a solicitor for your commercial dispute is simple, and the quicker you instruct a solicitor, the less you are likely to pay in total. 

Commercial Disputes Can Have A Major Impact On Your Business And Your Reputation 

Commercial disputes can have a major impact on your business and your reputation if they are not resolved quickly. 

The impact on your business can be damaging and disruptive if not dealt with: 

• Reputational damage. If you get into a dispute with another company, it’s likely that both parties may try to publicly discredit each other in order to gain an advantage in any legal proceedings. This can lead to negative press coverage that damages both companies’ reputations. 
• Loss of business/customers/profits. In addition to reputational damage, losing a commercial dispute may cause you to lose customers or even go out of business completely if there’s enough financial pressure on either party involved in the dispute-and this could happen even if no court ruling has been made yet! 

Commercial Disputes Do Not Always Go To Court 

In some cases, negotiations can be used to resolve commercial disputes.  

Negotiations are usually more cost-effective than going to court and can help you reach an agreement that is fair for both parties involved. 

Avoiding taking business disputes to court is ideal, especially to avoid animosity if you wish to continue business with the other party in the future. 

Even if no legal action is taken, an unresolved commercial dispute can lead to mistrust between parties and a damaged relationship, which could affect future business opportunities, so you should always ensure that a commercial dispute is resolved. 

Reapplication Of The Contract May Be Possible 

In some cases, negotiating a reapplication of the contract may be possible. This can happen if both parties agree on new terms and conditions that are more favourable to both sides.  

However, this process is often difficult because it requires an understanding between both parties, but beneficial if it is a business relationship which both parties would like to continue. 

Commercial disputes are common, and they can have a major impact on your business. 

Fortunately, if you instruct a solicitor as soon as the dispute arises, you can get immediate legal help. 

How Can Harry Suleman Solicitors Help? 

We work with businesses and organisations across the board to resolve legal issues in your favour. If that isn’t possible, we do everything to ensure it doesn’t happen again. 

Such business disputes can be exhausting and stressful. Especially when you are busy beyond belief. Extra time and energy aren’t yours to spare. 

We will lift this burden through specialist legal support: 

• Work with a solicitor you can trust 
• Put your business first 
• Calm the storm of a dispute 

• Achieve a result you are happy with 

As well as commercial litigation, Harry Suleman Solicitors also covers a multitude of other commercial law areas, such as: 

• Commercial contracts. Including terms and conditions. 
• Regulatory and compliance. Including data privacy law, environmental law and more. 
• Defendant personal injury. Covering a range of claims such as motor, employer and public liability. 

Our commitment to you is personal. The bedrock of our friendly and efficient approach is a dedication to your success. 

Experience unparalleled client service driven by fellowship. Gain an ally who fights fiercely for you and your business. 

Get in touch now to find out if Harry Suleman Solicitors can help you.