Share on LinkedInShare on LinkedIn

ARTICLE · 02 MARCH 2020

Use Dispute Resolution Clauses: Prevent Aggro And Promote Settlement

Dentons
Dentons
Contributor
Dentons

Dentons

The Firm Across over 80 countries, Dentons helps you grow, protect, operate and finance your...

View firm profile
Explore more from Dentons

When disputes arise, it can be difficult for parties to agree on how to resolve them. Human nature being what it is, emotions can prevail.

United KingdomLitigation, Mediation & Arbitration

When disputes arise, it can be difficult for parties to agree on how to resolve them. Human nature being what it is, emotions can prevail. Perversely, whether right or wrong, a party might want to make life as hard as possible for the other party. Or, a defending party with no cash to meet the liability might put its head in the sand rather than find a way forward.

Such tactics could be justifiable but are often dubious. This is where dispute resolution (DR) clauses in contracts prove their usefulness: they remove the scope for emotive responses in the early, uncomfortable stages of a dispute. They impose mandatory processes to bring parties together, promote early settlement and limit commercial damage.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from