The experienced business litigation and business dispute resolution attorneys at the Watkins Firm provide sound insight and counsel when resolving a dispute between the members of your LLC (Limited Liability Company). We take a unique approach to disputes between members of an LLC which is designed to get to the core of the issue(s) at hand, find common ground and ultimately craft a resolution in a timely and cost-effective manner.
What Causes Disputes Between Business Partners?
There are many reasons why a dispute might arise between members of your LLC. Often it is due to concerns regarding the fulfillment of expectations or responsibilities, financial issues or concerns regarding the direction of the company or the distribution of revenues.
Pro-tip: After more than 40 years of experience in these cases I can tell you the root of almost all of them is money. The source of the problem is the LLC operating agreement. When you take the time to get it right from the start and keep it updated as you go, you virtually eliminate the grounds for a member dispute.
The Watkins Firm has served the business, science and tech, real estate and medical / healthcare communities here in San Diego and Southern California for more than 40 years. We understand the nature of the relationships underneath the dispute and the importance of not only resolving the dispute itself but often working to help restore the relationships associated with the dispute whenever possible.
The Watkins Firm is able to resolve the vast majority of our member dispute cases through effective, leveraged negotiation. This is the fastest and least expensive path to a resolution in the matter you are facing. Our attorneys work to remove the discord and establish common ground. We help to identify potential solutions and recommend alternative ways for resolving the dispute between the members of your LLC in a positive and productive manner.
Other Options for Resolving a Dispute Between the Members of Your LLC
In some cases it may be necessary to work through a change in the management team and assist with the exit of a member or bringing in new members with skills and vital investment. Our attorneys represent your interests throughout the process of working to accomplish the goals and objectives you’ve established. When necessary we represent our clients in mediation and arbitration. Mediation involves a neutral third party with extensive experience in the central issues of the dispute itself. While you are not bound to accept the recommendations of the mediator, this venue offers a private, productive, cost effective and timely solution for many business disputes.
Serious disputes involving a substantial amount of money may require arbitration. Arbitration is like a short, efficient trial and the quality and experience of your attorney will have a significant impact on the outcome in your case. You only have one shot at it in arbitration, and the ruling of the arbiter is final and cannot be appealed in the majority of cases.
If you are concerned about resolving a dispute between the members of your LLC we invite you to review our podcast Episode 11 – Resolving Business Disputes as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
