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Tax Services: Client Litigation or Seek Redress

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Not sure what the best choice is from a business standpoint. I sell tax services to a corporation. I sign a new client to a one-year contract. This new client is my largest client and can possible refer me to other clients. Halfway through the contract, the client decides that he wants to give the tax business to a new friend that he made at a bar. Assume that this action is a material breach of the contract.

Should I litigate/sue or seek redress under a form of alternate dispute resolution?

Explain why you would choose this from a business standpoint?

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This solution discuses tax services.

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Litigation would definitely clear up the contract breach question by applying caselaw by someone who knows how to apply the law (hopefully a judge but a jury would also be possible although they would only be fact finders). However, this process would be costly and could take a long time. At the end, the cost of bringing ...

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