There are several legal strategies to resolve a breach of contract including:

• Negotiation
• Mediation
• Arbitration
• Business Litigation

 

The fastest and most economical solution to a breach of contract is negotiation.  The experienced lawyers at the Watkins Firm have decades of experience successfully negotiating and resolving breach of contract and business disputes.

The key to negotiations is “damages.”  Financial damages are based upon the impact of the breach of contract upon the party who upheld their portion of the contract.  There are times, especially with supply chain challenges associated with the pandemic, when the ability to fulfill a contract is put at risk.  It is often possible to bring the facts to the table and negotiate a resolution which allows the parties to move forward to achieve the “benefit of the bargain” while keeping associated damages to a minimum.

If you are the victim of a breach of contract you are required to take timely, prudent and reasonable action to mitigate your losses, and reduce associated damages.  However, you should be able to resolve the dispute and recover the financial cost of receiving the “benefit of the bargain” in the original contract.

When negotiations are not successful, the next step usually involves mediation or arbitration.  Mediation is a private, confidential, timely and cost-effective strategy to work out the issues at hand and resolve a breach of contract dispute.

Arbitration is another of the available strategies to resolve a breach of contract.  Arbitration is a lot like a court case without many of the associated motions, time delays and costs.  The experienced trial attorneys at the Watkins Firm prepare each case from the outset and represent our clients throughout negotiations, mediation and or arbitration.

The final option is to proceed with litigation, and to follow through on the lawsuit that should have been filed near the outset of the contract dispute.  This may add time and expense to the equation, but it usually provides the greatest opportunity for maximized recovery of “damages” and satisfaction for the party who suffered a loss as the result of a breach of contract.

There are many proven, successful strategies to resolve a breach of contract in San Diego.  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.