Monday, April 16, 2012

Best strategy to resolve commercial disputes

I came across this quote that afformed my belief that we should as much as possible, avoid draging commercial disputes to coourt:

"Discourage litigation. Persuade your neighbour to compromise whenever you can. As a peacemaker the lawyer has superior opportunity of being a good man" Abraham Lincoln (1809 - 1865)

Alternative resolution of disputes depends on the good will of the parties. Advocates should also help parties resolve the dispute. At the end of the day, it pays to resolve a dispute amicably rather than taking the judicial process. This process will be faster and more efficient. In addittion business and investments will not be adversely affected by court disputes.

So lets agree and move on with business, shall we.

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