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 Boonton, 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. There are laws specific to each state that govern how to approach dispute resolution. Lawyers practicing in Boonton are best suited to offer advice in accordance with New Jersey law. 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
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 Boonton can counsel you through the process if your business dispute is to be resolved by ADR.