In New Jersey, 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 Atlantic City, New Jersey, 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 there are no dispute resolution clauses in the contracts, or there are no attending documents at all, the parties might always resort to the courts to resolve the dispute. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, New Jersey 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 Atlantic City are versed in the contract law of New Jersey, and can help you to handle the dispute should it go to court. Resolution of the dispute might even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Most contracts have terms that will decide how a dispute is handled. These are often referred to as Alternative Dispute Resolution or ADR clauses. These methods of resolution include Mediation and Arbitration, among others. ADR eradicates 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 decision based on local law. An attorney experienced with ADR in Atlantic City can counsel you through the process if your business dispute is to be resolved by ADR.