In Missouri, business disputes commonly occur over a variety of different matters. Most often, businesses can disagree on the terms of contracts and prior arrangements. Property matters and billing issues also frequently form the basis of disputes between businesses.

What to Do in a Business Dispute?

If you are involved in a business dispute in Troy, Missouri 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. However, the dispute may need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to 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, Missouri 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 Troy can help you handle your dispute in accordance with the applicable Missouri laws. 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. All forms of ADR are designed to reach the same decision a court would have, without needing to actually go to court. They carry their own sets of procedures and protocols, and they often involve a neutral third party listening to both sides of a dispute and making a determination based on local law. An attorney specialized in Alternative Dispute Resolution can help you with your business dispute in Troy if it is to be resolved out of court.