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?
If involved in a business dispute in Elmwood Park, New Jersey, reviewing any relevant documents, especially contracts, should be the first step. These documents might decide how the dispute will be resolved. 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. Where the parties have not agreed beforehand about how to handle disputes, legal principles have been designed to determine the resolution. When they are called upon, New Jersey courts try to discover the best resolution by looking to the facts of the specific situation presented. There are laws specific to each state that govern how to approach dispute resolution. Lawyers practicing in Elmwood Park are best suited to offer advice in accordance with New Jersey law. 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
Contracts often have terms requiring that a dispute be handled outside of court. This is called Alternative Dispute Resolution or ADR, and it includes 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 in Alternative Dispute Resolution can help you with your business dispute in Elmwood Park if it is to be resolved out of court.