Self-help is the process of solving one’s own legal disputes without the help of a lawyer. Many individuals attempt to resolve legal disputes on their own. However, self-help can be dangerous if you don’t know what you’re doing and could potentially lead to more serious consequences. In the United States, courts do not have to recognize private agreements when there is an issue of equity known as fairness or if a party claims lack of full disclosure or knowledge. Beware of settling a dispute informally when there is no suit pending before the court, as you can end up making things worse in the long run. You should know the common pitfalls of utilizing self-help in legal disputes and how to avoid making those mistakes.
Making a good deal when buying or selling a business is not as simple as one may think. There are many factors to consider and important decisions to be made prior to the transaction taking place. Read on for tips on how to get the best deal when buying or selling a business.