If you are a shareholder of a business and wish to dispute your company’s strategy and future direction, seeking the help of a legal service provider should be your next step. Here is some basic advice and guidance to inform your choice of legal expert.
A strategy dispute is a conflict that arises between the shareholders and/or the senior management team regarding the direction of the company. Strategy disputes usually occur if one party believes the other is acting in a way that works against the company's agreed goals.
Shareholders, directors, board members or senior management team members are most likely to launch a legal strategy dispute. If there are concerns that the strategy is not being followed, or that a particular course of action will damage a company then legal guidance should be sought.
A legal expert will evaluate the strategy in question and the grounds for any dispute. They will also provide information on the law surrounding strategy disputes, guiding and giving advice on the next steps needed to solve the issue.
Strategy disputes can be highly complex and may even affect the stability of an enterprise. Each case is different and a legal service provider must tailor their advice and recommendations according to the evidence presented. For that reason, it is important to appoint a legal service provider with extensive experience in business disputes.
You may also wish to consider factors such as the location, size and cost of a firm. Answer a few short questions now and start comparing legal service providers based on the criteria most important to you.
Due to the unique nature of every strategy dispute case, legal service providers typically charge on an hourly rate basis for such a dispute.
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