In Colorado, 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?

The first step when involved in a business dispute in Trinidad, 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. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Colorado courts will use specific legal principles designed for the situation. Each state has different business laws about dispute resolution and contract law. An lawyer practicing in Trinidad can help you handle your dispute in accordance with the applicable Colorado laws. Discussion with the other business about how to resolve the dispute might also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.

Alternative Dispute Resolution

Contracts occasionally have clauses that mandate resolution outside of court. Methods for reaching out of court solutions are often called Alternative Dispute Resolution or ADR. Mediation and Arbitration are included in the concept of ADR. ADR focuses on reaching the same resolution that a court would have, without the parties actually going to court. Methods of ADR often involve their own protocols, occasionally bringing in a third party to find a solution based on local law. If your business dispute is to be resolved by ADR, an attorney experienced with these methods in Trinidad can counsel you throughout the process and develop the case you will present.