In North Carolina, business disputes commonly occur over a variety of different matters. Most often, businesses can disagree on the clauses 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?
In a business dispute in Graham, North Carolina, the parties should first go over any relevant documents, especially contracts. There might be terms in these documents that decide how to handle the dispute. If the contracts do not have resolution clauses, or neither business has any recorded documents relevant to the dispute, then the matter might need to be taken to court. North Carolina courts may use legal principles to determine the outcome when the parties have not agreed beforehand about how to handle a dispute. In so doing, they look carefully to a specific case to discover the best resolution for all involved. The laws designed to settle contract disputes are different in each state. Lawyers practicing in Graham are versed in the contract law of North Carolina, and can help you to handle the dispute should it go to court. An attorney's knowledge of the law may also lead to a more streamlined discussion with the other business about how to resolve the dispute. Negotiations might even enable you to resolve the dispute without going to court.
Alternative Dispute Resolution
Disagreements 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 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 determine a dispute based on local law just as a judge would do. An attorney experienced with ADR in Graham can counsel you through the process if your business dispute is to be resolved by ADR.