In New Jersey, 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?
In a business dispute in Audubon, New Jersey, the parties should first go over any relevant documents, especially contracts. There may be terms in these documents that determine 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 may 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 particular legal principles designed for the situation. The laws designed to settle contract disputes are different in each state. Attorneys practicing in Audubon 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 may even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Many contracts have terms that will determine 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 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, sometimes bringing in a third party to find a solution based on local law. An attorney familiar with ADR in Audubon can counsel you through the process if your business dispute is to be resolved by ADR.