Business disputes in South Dakota often happen in several 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?
The first step when involved in a business dispute in Hot Springs, South Dakota should be to review any documents relevant to the matter, such as contracts. It may have already been decided in these documents how disputes will be handled. If the contracts do not have resolution clauses, or neither business has any recorded documents relevant to the dispute, then the matter may need to be taken to court. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, South Dakota courts will use particular legal principles designed for the situation. The fields of contract law and dispute resolution are defined by local state law. Hot Springs attorneys are accustomed to handling disputes under South Dakota law, and can offer personalized advice for all types of business disputes. Discussion with the other business about how to resolve the dispute may also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
Alternative Dispute Resolution
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this type are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. ADR makes going to court unnecessary, because it is designed to reach the same result that a court would have. Still, some methods of ADR entail their own formal procedures, most enlisting a third party to decide a dispute based on local law just as a judge would do. If ADR is to be used in resolving your dispute, an attorney in Hot Springs experienced with ADR procedures can help you develop your case.