Business disputes can be very damaging to private companies, not only in terms of out-of-pocket fees and costs, but also due to management distractions and time spent in locating and analyzing documents and responding to the legal process. Additionally, given the importance of most family businesses to a family’s overall wealth, disputes between family members in family businesses can be even more impactful.
In its business dispute work, Lightfoot Group relies on the fact that the vast majority of business disputes settle without going to trial. With this in mind, Lightfoot prefers to become involved in the early stages (pre-litigation) of a business or family business dispute. Using our experience as “business and financial neutrals,” we approach business disputes as business problems to be solved, whenever possible, using business tools and solutions. Also, since we are independent of the disputing parties, we can help interject a more factual and less emotional view of the dispute and thereby help save time and expenses versus alternative dispute resolution approaches.