How To Determine The Appropriate Method Of Resolving Business Disputes Glens Falls NY

By Gary Young


Many organizations have been affected greatly with the issues of conflict among their partners and even among themselves. Conflict can arise either from individual, friends and partners. Problems can be as a result of misunderstanding or ego among the business partners. It will be of great importance if the following factors can be considered in resolving Business Disputes Glens Falls NY.

Consider if the problem can be solve in public court or in private and confidential. This depends on the type of conflict and the need of the parties involved. If both parties need their conflict to be unknown to others, private consideration must be used in solving their issues. But if the conflict is too serious and either of the methods of solving problems is not applicable, the court will be considered to solve their case.

Negotiation is importance since it allows the parties to participate on what affect them. Additionally, the technique considers both parties to be present in the conciliation. If the conflict situation is not good, the parties can decide to have an agreement which will be enforceable. Negotiation need to be voluntary, quick and less costly, private and confidential and also informal.

Time is another factor worth considering in resolving the issues. There are cases which need time to study so as to give the final solution. Conflict may arise in the cause of the work and it can be solve in a short time by the leader of the department. Additionally, the nature of the conflict will determine the time taken to be resolved.

Settlement conference provides another solution to such a conflict. It is where both parties alongside with their lawyers and the third neutral party come together. The process is undertaken where both parties arguments are listen and the neutral officer offer options of solution to the parties to choose. The parties are provided with options which they have to choose the best. The method can be voluntary and mandatory.

Litigation- This is another way of solving disputes among business partners in court or the system of civil justice. It can be used to compel one party to participate in the solution. The process of litigation starts by filling the law suit documents. Rules, procedures and presentation of the evidence will be followed. This is the last option of the parties to take after failing in negotiation, litigation and mediation.

You have to look at the future possibilities of the problem to recur . With this you will have to decide on the method which will lead to binding and enforceable. The agreement of have to be made by both parties and must be bind. This is to ensure that, the same conflict cannot happen again. Sealing the agreement made after resolving the problem will help the parties to stick to the conditions in the agreement hence reducing the risk of conflict.

All these factors will guide you in selecting the best method of solving you conflict between your friend at work and even your partners in business. You can find more factors in the internet and in various websites. People have to be careful when selecting the method of conflict resolution.




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