Partnership lawsuits are often the unfortunate outcome of misunderstandings between the partners. These misunderstandings can date back to the original contract. Whether these contracts are written, oral or implied, these disputes can center on whether an agreement was ever made; what that agreement says; what it means and what it obligates each partner to do. The longer these partner disputes last, the deeper the conflicts can become. And, if the partners can’t work things out, they will often turn to a partnership attorney like me.
The knee-jerk reaction to such partner disputes is to go to court. But, as a partnership attorney, I’m inclined to look for other approaches first. Can we resolve the dispute through partnership arbitration? While I am perfectly willing and able to fight hard in court, I prefer to work with my clients to avoid this expensive and time-consuming option. If it’s possible, I often advise a client to first explore resolutions through negotiation, mediation and arbitration going to court. If this is possible, it allows all involved to resolve these disputes without disrupting the business and personal lives of the partners involved.