How Do Business Disputes Arise in Arkansas?
In Arkansas, there are various 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 West Memphis, Arkansas, the parties should first go over any relevant documents, especially contracts. There might be terms in these documents that decide how to handle the dispute. If there are no dispute resolution clauses in the contracts, or there are no attending documents at all, the parties might always resort to the courts to resolve 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 specific case to discover the best resolution for all involved. Each state has different business laws about dispute resolution and contract law. An lawyer practicing in West Memphis can help you handle your dispute in accordance with the applicable Arkansas laws. Negotiations might also proceed more smoothly when an attorney is consulted, which may even lead to a resolution outside of court.
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Alternative Dispute Resolution
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this form are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. All types of ADR are designed to reach the same decision a court would have, without needing to actually go to court. They carry their own sets of procedures and protocols, and they often involve a neutral third party listening to both sides of a dispute and making a decision based on local law. If ADR is to be used in resolving your dispute, an attorney in West Memphis specialized with ADR procedures can help you develop your case.