Business disputes in Tennessee 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?
The first step when involved in a business dispute in Red Bank, Tennessee should be to review any documents relevant to the matter, such as contracts. It might have already been determined in these documents how disputes will be handled. 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. Tennessee courts look to the individual cases in determining the best resolution. Where two parties have not agreed beforehand on how to handle a dispute, a specific set of legal principles is used instead. Each state has different business laws about dispute resolution and contract law. An Lawyer practicing in Red Bank can help you handle your dispute in accordance with the applicable Tennessee laws. 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. 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 determine a dispute based on local law just as a judge would do. If your business dispute is to be resolved by ADR, an attorney experienced with these methods in Red Bank can counsel you throughout the process and develop the case you will present.