We Understand Partnership And Shareholder Disputes And How To Resolve Them

Business partners, like individuals in other relationships, can encounter disagreements. Differences over finances, roles in the company, business strategies, personnel or any of a dozen or more other aspects involved in running a company can escalate to the point where a solution cannot be reached independently and legal action is necessary.

At The Lerum Law Firm in Chicago, we have extensive experience representing clients in a wide range of partnership disputes. A prolonged dispute can disrupt the company's performance and potentially be lethal. We have a record of successfully resolving disputes through negotiation and mediation. If an agreement cannot be reached amicably, we are prepared to advocate for our clients in court.

We have represented clients from a variety of industries, including manufacturing, distribution, medical services, financial services, law firms, construction companies, real estate and investment services. Call 312-782-1087 for a telephone consultation.

Identifying And Addressing The Right Issues

As with any dispute, finding a solution first requires identifying the true problem. Often, business partners believe they are arguing about one matter and it turns out the crux of the problem is something entirely different. Some disputes are rooted in the business formation agreement, while others are caused by practices that are initiated informally well after a business is up and running.

Ultimately, a large percentage of partnership and shareholder disputes revolve around alleged mismanagement, misappropriation of funds or shareholder oppression — not having access to business records or not having a fair voice in business decisions.

Attorney Norman J. Lerum's own business background and more than four decades of experience counseling business clients help him diagnose partnership disputes and develop solutions. His business litigation experience sets him apart from a number of Chicago business dispute lawyers.

Don't Let Disputes Drag Your Business Down

If you are wrestling with a partnership or shareholder dispute, the worst decision is making no decision. We welcome the opportunity to review your situation and recommend an effective course of action. Call or use our online contact form to schedule a meeting.