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Philadelphia, PA commercial litigation attorney Stanley Cheiken talks about his approach to handling a contract dispute. He explains that the first step in handling any contract dispute is to obtain the contract and review it with great care. The analysis goes beyond the language itself; it is conducted within the broader context of the business and industry in which the contract was created, since context and industry custom are often critical. Understanding the nature of the business, the specific industry, and the purpose of the contract is essential before closely examining the wording. Frequently, once this comprehensive review is complete, clients gain a clearer and often more accurate understanding of their rights and obligations under the agreement.
