Negotiating the Settlement of a Breach of Contract

Negotiating the Settlement of a Breach of Contract - Resolve Disputes

The Watkins Firm has extensive experience negotiating settlement of a breach of contract dispute.  Often this involves negotiating simple agreements between the parties which identify the issues leading to a breach of contract, the impact of these issues and the steps the parties agree to take to resolve the issues at hand and complete the relationship or transaction.  This is usually the least expensive, fastest and most effective option for resolving any breach of contract dispute.

When a breach of contract occurs several legal issues immediately come into play.  The party who is the victim of the breach has the legal obligation to take timely, prudent and reasonable action(s) to reduce or mitigate the damages associated with the breach.  The failure to do so provides the breaching party with a strong potential defense in a breach of contract which can limit the financial damages associated with the ultimate resolution.

Watkins Firm attorneys take a unique approach when negotiating settlement of a breach of contract which is designed to resolve any business dispute or business related litigation in a timely and cost-efficient manner.  We work to identify potential damages associated with the breach and these become a strong source of leverage for gaining the attention of opposing parties and opening productive negotiations.  Negotiation is the first step our attorneys take to resolve the dispute.  We work to clearly identify the issues which contributed to the breach and identify potential alternative solutions for resolving these challenges and moving forward under a new contract or agreement.

There may be genuine issues in dispute between the parties which inform a decision to consider mediation or arbitration.  Mediation is a confidential, non-binding environment where the parties work with a neutral third party to resolve any issues which could not be ironed out in negotiations.  Arbitration is a much more legally structured venue, but ensures a prompt and definite conclusion to the matter.

Negotiating settlement of a breach of contract requires legal skill, business savvy, and experience.  We invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.