There are many grounds that can lead to business disputes in Indiana. Business may disagree about the terms of contracts and prior arrangements. Billing issues, property matters and other grounds can also give rise to disputes between businesses.
What to Do in a Business Dispute?
If you are involved in a business dispute in Lafayette, Indiana you should first review any relevant documents, including past and current contracts. These documents may contain clauses that dictate how and where you should handle a dispute. 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, Indiana courts try to discover the best resolution by looking to the facts of the particular situation presented. Each state has different business laws about dispute resolution and contract law. An Attorney practicing in Lafayette can help you handle your dispute in accordance with the applicable Indiana laws. Resolution of the dispute may even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Disputes in contracts must often be resolved outside of court according to a dispute resolution clause. Methods of resolving a conflict outside of court are called Alternative Dispute Resolution or ADR. These methods include Mediation, Arbitration and Collaboration. ADR eliminates 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 determination based on local law. An attorney familiar with ADR in Lafayette can counsel you through the process if your business dispute is to be resolved by ADR.