When in business, it is not surprising to get involved in disagreements with customers, suppliers, employees and competitors. Business disputes is undesirable distraction to running a business and can arise from a number of different issues. One of the most common business law disputes includes contracts. While the specifics of business contracts differ, all of them are complicated and too detailed.
Having a well-organized and in effect dispute resolution system in place for that reason particularly is important in order to minimize the effects of any complaint that someone may have with your business. Failure to deal with a problem punctually and thoroughly could end up costing you valuable time and money, or even land you in legal concern if the individual in question is found to have a valid complaint.
When a dispute arises it is suggested that you seek legal advice from a specialist in business and commercial law and make an honest attempt to settle down the dispute by conforming to the other party. Check the contract between you and the other party as it may enclose clauses that outline the process should any dispute arise. There may also be a termination clause which clarifies how either party can cease the contract.
Details at https://www.lawontheweb.co.uk/business/disputes-and-litigation
Related Links
http://www.pqlawfirm.com/practice-areas/business-law/business-contracts
http://www.frettens.co.uk/site/library/frettensnews/Dispute_Resolution_What_does_it_mean_bournemouth_poole_solicitor
http://www.americanbar.org/publications/blt/2015/02/01_means.html
http://www.univie.ac.at/intlaw/wordpress/pdf/95.pdf
