There are various grounds that can lead to business disputes in Kentucky. 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?
The first step when involved in a business dispute in Nicholasville, Kentucky 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. However, the dispute might need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Kentucky courts look to the individual cases in determining the best resolution. Where two parties have not agreed beforehand on how to handle a dispute, a specific set of legal principles is used instead. Each state has different business laws about dispute resolution and contract law. An Lawyer practicing in Nicholasville can help you handle your dispute in accordance with the applicable Kentucky laws. With an attorney's knowledge of the law, the parties of a dispute might be able to avoid going to court entirely, since negotiations often proceed more smoothly with representation.
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 Nicholasville can counsel you throughout the process and develop the case you will present.