If you can settle a dispute without involving a higher power, it can simplify matters. Escalating a dispute can mean that it becomes expensive, time consuming and stressful. As far as possible, you should escalate a dispute no further than a dispute resolution lawyer. If the dispute goes further, courts will be far more costly and sometimes the outcome isn’t what you expected. Settling matters off court is much more cost effective and a time saver.
Business owners will often face a variety of disputes. The respondents are often clients, suppliers, staff, public sector companies, authorities and individuals. When stakes are high, solution focused advice protects the claimant without hindrance to the business. Claimants must seek an arbitrator with experience in their business field. Fo instance, if you lease property or run a retail business, you need an arbitrator experienced in commercial law.
Dispute resolution lawyers specialise in certain areas, giving them enough expertise to give clear and feasible recommendations for claimants. Experienced dispute resolution lawyers know what to expect if the case becomes litigious. An arbitrator always prepares with a strategic plan of action and a tenacious motion for litigation proceedings. However, an arbitrator’s job is to seek off court settlement.
Arbitrators will challenge disputes, regardless of who the respondent is. An individual or small business can have a valid case against a large corporation. Individuals and owners of small businesses can feel intimidated with a dispute against a large company. But if the large corporation is in the wrong, the case can easily be settled off court. On the other hand, you could be a large corporation with a dispute against an individual or small company. In this case, an off court settlement would be the best case scenario for both parties.
Your arbitrator will make recommendations, write letters to the respondent and settle matters off court. The best case scenario would be to settle the dispute without having to battle in court.
If you are in the middle of a dispute and would like to settle before court procedings, please get in touch for an informal discussion. SG
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