LRC Mantra for Today Make sure the agreement specifies how - TopicsExpress

LRC Mantra for Today Make sure the agreement specifies how disputes will be resolved Not only is it essential that contracts be written out; equally important is that they be comprehensive in scope. And, in addition to other details, that also means steps to resolve any disagreements that may crop up during the life of the agreement. For instance, many contracts specify that the parties agree to arbitration, mediation or some other form of dispute resolution short of heading off to the courtroom. Those and other options can often prove invaluable in avoiding a lengthy and expensive legal battle.

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