Business disputes can become very complex and unpleasant. We can help you handle your dispute the right way.
Business disputes most often arise between businesses when they disagree over the terms of a contract. A business dispute can also arise over any number of other disagreements.
If you find yourself in a dispute the first thing you should do is review your contract. The contract may contain clauses that dictate how you should handle a dispute. For example, your contract may call for arbitration or mediation.
Arbitration is a process for resolving a dispute between two parties outside of the court system. Generally, arbitration occurs when the two disputing parties sit down with a third neutral party, or “arbitrator.” The arbitrator listens to the disputing parties’ problems and arguments then decide on a resolution for the disputing parties.
Sometimes the decision of the arbitrator is final and must be adhered to by the parties; this is called “binding arbitration.” Other times, the decision of the arbitrator is not final; this is called “non-binding arbitration” or “mediation.”
Your contract should specify whether you are required to go through binding or non-binding arbitration.
Check to see if your contract has any other clauses for resolving disputes. If it doesn’t, or you don’t have a contract at all, then your best option is to get an attorney.
At HUTTON LAW, we strive to settle disputes without going to court, but if the dispute cannot be resolved any other way and our client is willing to take it to court we are experienced and ready.