Business disputes in Oklahoma often happen in many different areas. Frequently businesses disagree on the exact terms of prior contracts or arrangements. Also, billing issues and property matters can give rise to disagreements in the business setting.
What to Do in a Business Dispute?
If you are involved in a business dispute in Altus, Oklahoma you should first review all relevant documents, including past and current contracts. These documents might contain clauses that dictate how and where you should handle a dispute. Not all contracts have dispute resolution clauses, of course, and occasionally neither business has any documents relevant to the dispute at all. If that is the case, a court might be needed to resolve the dispute. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Oklahoma 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 Altus are best suited to offer advice in accordance with Oklahoma law. Discussion with the other business about how to resolve the dispute might also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
Alternative Dispute Resolution
Disagreements 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. All types of ADR are designed to reach the same decision a court would have, without needing to actually go to court. They carry their own sets of procedures and protocols, and they often involve a neutral third party listening to both sides of a dispute and making a decision based on local law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Altus if it is to be resolved out of court.