Business disputes in Tennessee 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 Mckenzie, Tennessee 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. Not all contracts have dispute resolution clauses, of course, and sometimes neither business has any documents relevant to the dispute at all. If that is the case, a court may be needed to resolve the dispute. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Tennessee 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 Mckenzie are best suited to offer advice in accordance with Tennessee 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

Many contracts have terms that will determine how a dispute is handled. These are often referred to as Alternative Dispute Resolution or ADR clauses. These methods of resolution include Mediation and Arbitration, among others. ADR is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each type of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. In Mckenzie, attorneys experienced in ADR can help if your business dispute is to be resolved out of court.