Partnerships make it possible to achieve new levels of success in business. But they can also turn sour when disagreements arise. This can lead to the loss of revenue and, in some cases, a complete dissolution of the business.

Knowing how to handle a partnership disputes prevents these and other issues. You’ll maintain productivity within your organization and prevent unwanted legal actions that cost you time and money.


Partnerships allow multiple parties to combine their expertise and resources in developing a business. Partners share many of the ongoing responsibilities along with the profits generated by the company.

The partnership agreement is critical to establishing a coordinated partnership in which each party understands its obligations. The agreement is typically drawn up when the partnership is created.

Your partnership agreement may include guidelines to help you resolve disputes. So it’s important to review your agreement first and determine the best options for you and your partner.

Partnership agreements include the terms related to the roles of each partner, capital investment, decision-making processes, and contingency plans for disputes and other issues.

If you don’t already have a partnership agreement, you should create one as soon as possible. The agreement must be made in writing and it should include information that addresses all potential issues.


A third party can be used to mediate a partnership dispute. This party works with each partner and their attorneys to address all of the issues that have contributed to a given dispute.

This makes is easy to come to an agreement that accommodates the needs of all involved parties and resume their business operations with minimal disruption.

Disputes can be emotionally charged, and having a neutral third party provides an objective perspective that sheds light on any misunderstandings, omitted information, or external factors that may be contributing to the issue.

Partners can also obtain the resources needed to prevent disputes in the future and addressing issues as they arise. Most importantly, all legal aspects are considered when reaching a resolution.


Taking the steps to prevent a partnership dispute is an investment in the longevity and success of your business. Establishing clear communication is essential to maintaining a working relationship with you partner.

Once you’ve established a partnership agreement, you and your partner should develop the tools needed to communicate effectively as you move forward.

Communication and conflict resolution skills training are available and can be used to teach all team members within your organization.

But partnership disputes can arise despite you and your partner’s best efforts. That’s why it’s important to have the proper legal resources at your side to avoid and address any disputes.

An attorney with experience in partnership agreements understands all of the aspects that must be addressed as well as the underlying causes that lead to costly disputes.

Knowing how to handle a partnership dispute will maximize the efficiency, profitability, and success of your business. Having a third party can help to resolve these disputes.

With the help of an attorney, you’ll protect your interests and ensure continued growth for your business.