Why is it important to mitigate the damages in a contract breach in San Diego or Southern California? What does it mean to mitigate the damages and which party should be concerned in a breach of contract case?
If you are the victim of a broken contract you are required by law to mitigate the damages in a contract breach here in California while you work to negotiate a positive resolution or find another supplier/vendor. The experienced breach of contract and business litigation attorneys at the Watkins Firm have more than four decades of experience resolving breach of contract cases. If you are involved in a business breach of contract case you need the advice of one of our proven business dispute resolution attorneys.
A Strong Chronology and Damages are the Key to Gaining Leverage in a Breach of Contract
A strong chronology and mastery of the damages are the key to gaining leverage and ultimately resolving breach of contract disputes in San Diego. What specifically happened and when? What supporting documents and other evidence are available to reconstruct the sequence of events? How and when did the breach become known to either or both of the parties?
The Watkins firm has more than 40 years of proven, successful experience resolving San Diego and Southern California business breach of contract cases. Our strong chronology and mastery of the damages provides the right type of leverage to gain the attention of opposing parties and drive the dispute to conclusion. It may surprise you to learn the Watkins Firm is able to resolve a substantial majority of our contract disputes through effective, leveraged negotiation based upon our chronology and damage work. This is the fastest, least expensive and most productive way to resolve any breach of contract dispute.
Why Does the Victim Have to Mitigate the Damages in a Contract Breach in California?
Mitigating the damages in a timely, prudent and reasonable manner is required by California law. The failure to do so opens the door to a strong breach of contract defense and the loss of potential recovery of damages associated with the contract breach.
What actions must you take to mitigate the damages in a contract breach in San Diego or Southern California? You must take reasonable and prudent action to limit the extent of the damages as much as possible. One effective step is to enter into constructive negotiations with the party causing the breach. Our attorneys use the existence of damages (as well as the potential for accumulation) to drive the other party to the table to negotiate a “settlement” or other solution to the issue(s) at hand which accomplishes our client’s goals and objectives.
Perhaps their own suppliers were on back order, and a resolution is in sight. There are many reasons why good and ethical businesses and professionals find themselves in a breach of contract and the fastest and least expensive resolution is to negotiate the time and additional expenses associated with resolving the breach and achieving the benefit of the bargain for both parties.
Mediation and arbitration may offer additional alternatives for efficient resolution. Your Watkins Firm business dispute attorney is prepared to provide strong representation in any legal venue to protect your interests and secure a positive outcome in a timely and cost-effective manner.
You must mitigate the damages in a contract breach in San Diego and Southern California to protect your own position while you seek a positive resolution. We invite you to review our podcast Episode 5 – Breach of Contract, the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today. Learn more about the steps you should take to proactively mitigate your losses and preserve all financial and legal options.
