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 Mount Airy, 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. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, North Carolina courts will use specific legal principles designed for the situation. The laws designed to settle contract disputes are different in each state. Lawyers practicing in Mount Airy are versed in the contract law of North Carolina, and can help you to handle the dispute should it go to court. 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. An attorney experienced with ADR in Mount Airy can counsel you through the process if your business dispute is to be resolved by ADR.