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 Cherry Hill, 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. There are laws specific to each state that govern how to approach dispute resolution. Attorneys practicing in Cherry Hill are best suited to offer advice in accordance with New Jersey law. 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
Disputes 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 eliminates 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 determination based on local law. If your business dispute is to be resolved by ADR, an attorney familiar with these methods in Cherry Hill can counsel you throughout the process and develop the case you will present.