No matter how hard we try, sometimes we come across a problem in life which we just cannot resolve without the intervention of a third party, and it often has to be decided by either judicial intervention or by a form of alternative dispute resolution (usually by arbitration if the parties want the decision to be binding).
However, it is also often in everyone’s interest for that dispute to be resolved by way of a compromise between the parties and by acting in good faith with each other to resolve the dispute amicably, for the following reasons:
Even as an experienced litigation and dispute resolution lawyer, in my opinion it is always worthwhile at least exploring the prospect of a settlement between the parties before ploughing straight into litigation or arbitration. A consultation or mediation between the parties may very well prove to be the best solution for them both, and in a country where so much emphasis is placed on parties acting in good faith, it is something which I will always try to raise with my clients at the outset of our professional relationship.
For any further information on settlement of disputes by alternative methods, please contact Nichola Reece-Burton.
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