In Colorado, there are several 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?
The first step when involved in a business dispute in Castle Rock, Colorado should be to review any documents relevant to the matter, such as contracts. It might have already been determined in these documents how disputes will be handled. 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. Colorado courts will look to your particular case and try to discover the best resolution. In determining the outcome, they will use a specific set of legal principles designed for situations where the parties have not agreed beforehand on how to handle a dispute. There are laws specific to each state that govern how to approach dispute resolution. Lawyers practicing in Castle Rock are best suited to offer advice in accordance with Colorado law. Negotiations might also proceed more smoothly when an attorney is consulted, which may even lead to a resolution outside of court.
Alternative Dispute Resolution
Contracts often have terms requiring that a dispute be handled outside of court. This is called Alternative Dispute Resolution or ADR, and it includes Mediation and Arbitration among others. ADR eradicates the need to go to court, while attempting to reach the same resolution that a court would have. Different types of ADR involve their own procedures, however, and they often include a neutral third party making a decision based on local law. If ADR is to be used in resolving your dispute, an attorney in Castle Rock familiar with ADR procedures can help you develop your case.