In Arkansas, there are many different grounds that can lead to a business dispute. Often, prior agreements and contracts have terms that the businesses disagree upon. Disputes can also occur over property matters, billing issues or other disagreements.
What to Do in a Business Dispute?
In a business dispute in Booneville, Arkansas, the parties should first go over any relevant documents, especially contracts. There may be terms in these documents that determine how to handle the dispute. However, the dispute may need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Arkansas courts may use legal principles to determine the outcome when the parties have not agreed beforehand about how to handle a dispute. In so doing, they look carefully to a particular case to discover the best resolution for all involved. The laws designed to settle contract disputes are different in each state. Attorneys practicing in Booneville are versed in the contract law of Arkansas, and can help you to handle the dispute should it go to court. Resolution of the dispute may even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this type are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. ADR is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each type of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. If your business dispute is to be resolved by ADR, an attorney familiar with these methods in Booneville can counsel you throughout the process and develop the case you will present.