In Colorado, 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?

The first step when involved in a business dispute in Louisville, Colorado should be to review any documents relevant to the matter, such as contracts. It may have already been decided 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 may always resort to the courts to resolve the dispute. Where the parties have not agreed beforehand about how to handle disputes, legal principles have been designed to determine the resolution. When they are called upon, Colorado courts try to discover the best resolution by looking to the facts of the particular situation presented. There are laws specific to each state that govern how to approach dispute resolution. Attorneys practicing in Louisville are best suited to offer advice in accordance with Colorado law. Negotiations may 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 clauses 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 decide a dispute based on local law just as a judge would do. If ADR is to be used in resolving your dispute, an attorney in Louisville specialized with ADR procedures can help you develop your case.