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 Centennial, 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 Centennial 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 makes going to court unnecessary, because it is designed to reach the same result that a court would have. Still, some methods of ADR entail their own formal procedures, most enlisting a third party to determine a dispute based on local law just as a judge would do. If your business dispute is to be resolved by ADR, an attorney experienced with these methods in Centennial can counsel you throughout the process and develop the case you will present.