A partnership is a legal business operation managed by two or more individuals who share the company\’s responsibilities and profits. Because this type of organization involves two or more people, differences and issues concerning management style, profit, resources, workload, authority, company objectives and/or goals, and so on would most certainly arise, and if not immediately and properly mediated, these disputes between partners can worsen and threaten the entire organization.

Prior to forming a partnership, the parties involved should have a clear understanding of each other\’s rights, obligations, liabilities, and expectations – all of which should be included in a well-drafted agreement and related documents. These documents, if properly and concisely drafted, will assist in minimizing and resolving disputes when they arise.

Some partnerships attempt to resolve disputes on their own through direct negotiations and/or contract review or amendment. Unfortunately, some issues remain so complex that they necessitate legal consultations and actions to resolve.

In such cases, with the help of a counsel the dispute can be managed in the following ways-

There are two types of dispute resolution processes.

The first is an adjudicative process in which a judge, jury, or arbitrator determines the outcome. When a dispute arises, the earlier decisions will largely determine the scope of each shareholder\’s ability to deal with that dispute. The jurisdiction selected in the shareholder documentation will ultimately determine the available options and potential issues.

Consensual processes in which the parties attempt to reach an agreement, such as collaborative law, mediation, conciliation, or negotiation.

Our expert team of lawyers at Al Jazeera Advocates help our clients in resolving their disputes depending on the cause and severity of the dispute to ensure that they come out on the other side of things with nothing but the best possible outcome in their favor.