It’s not very uncommon for businessmen to have disputes. We see many fights inside and outside the courts every day. Many of them are for personal reasons, but the world has seen most cases are about money.
This is the reason why many businesses become the target of fowl cases. As a business, you will get many threats from your competitors or other blackmailers. No matter how small the case is, there is always a lot of pressure and waste of resources.
You can’t always give them what they want. You have to sometimes have to fight and stop them from bullying. Remember, there is not always one person at fault. Sometimes, there is just a misunderstanding that is causing the problem, which could do a lot of damage to both parties.
This article discusses how you should deal with these issues to resolve them with minimum damage.
Try to Understand Other’s Perspective
They might be coming after your business or money, but it doesn’t necessarily mean that they are bad greedy people who just want to hurt you.
You should try to understand their perspective to see if you have done something wrong. Of course, you should not just admit your mistake in front of them. It’s best to consult the lawyer first. However, you must understand the core of the issue.
If you are able to find your own mistake, you might be able to understand how this issue can be solved right away. It will give you an understanding of what the other party wants. Sometimes, just an apology can do wonders if done sincerely.
Don’t take it on your pride. You can’t keep fighting everyone. It’s better to make friends than enemies. You might be able to make friends out of people you are fighting in the court and actually get more business from them.
Find an Impartial Mediator
Look for a person who fully understands the situation but would never make a biased decision. Things get really serious and difficult once you are in court or involve law enforcers.
You can control the penalty if you resolve the issue with the help of a mediator. The mediator will thoroughly review cases from both sides and then make a decision that decides who is at fault or how this issue can be solved.
The decision of the mediator is more of a suggestion. He can’t force you or the other party to follow his orders nor are you legally obliged. However, it’s only ethical to respect his decision. You have put your trust in him with the case, so you should not back away if the case is not in your favor.
Go to Arbitrator Before Court
If the issue is so serious that you are about to go to court, consider getting an arbitrator. An arbitrator is a legal expert that does almost the same job as a mediator but with a little more authority. You can read about the difference between mediation and arbitration here.
The arbitrator has the same kind of authority as the judge in your case. He can’t sentence you to jail, but you have to follow his decision. You can find this legal expert from any trusted law firm that you know will make a fair decision.
The consequences can be graver if you go to court and the case will drag on for a long time. On the other hand, arbitration solves the case faster with less damage.
Calculate the Damage if You Win in Court
You should know how much it is going to cost if you go to court. Lawyers are not cheap and there are many other expenses you have to bear in this issue. It’s one of the most important things you should know before going all out. The case will get out, which could sabotage the reputation of your business.
Once you have a good estimate of how much you will have to waste by fighting the case in court, consider giving the same to the other party to end the issue right there.
You can get them to sign some papers to make sure they or anyone related to them can’t pull off a stunt like that again. It will save you a lot of time and resources and protect your respect in the industry.