Business is ultimately about profit.  This principle forms the backbone of Taylor Law's Dispute Resolution and Avoidance service for Businesses...

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BUSINESS SERVICES 

 

Business is ultimately about profit.  This principle forms the backbone of Taylor Law's Dispute Resolution and Avoidance service for Businesses.  We understand that disputes are costly, both in time and money. They can hit profit through increased legal costs and loss of profit-making man-hours. Their resolution often requires input from the highest level of management within your business.  

 

Capitulation is unlikely to be the best outcome.  Settlement on reasonable terms at the appropriate time (before or during a dispute resolution process) is often the solution.  But commerciality is about more than that.  Vindication of your rights can tell the market-place that you will do business fairly and honourably - you will not be taken advantage of.  

 

Selection of the right process for resolution of a particular dispute, at the outset, can be key to success.  It may be better not to jump into court.

 

But unless your contracts make specific provision for alternative methods of dispute resolution, or you can persuade your opponent of the merits of staying out of court, you may not have an option.  Dispute avoidance is about making provisions at the time of contracting for how certain types of dispute may be resolved.  It is also about the allocation of risk in the contract to the party most able to bear it; and the express statement of rights and responsibilities.  In that way disputes are less likely to arise in the first place.

 

Taylor Law are experts in the art of dispute resolution and avoidance.  We have extensive experience of balancing the considerations discussed here, to reduce the likelihood of dispute, and to manage those that do arise strategically.  And our focus is always on the most commercial solution for you.

 

If you are about to tender for new work and want to avoid future disputes, or if a dispute is looming, why not contact us to find out how we can tailor our services for you.



Read about the latest developments at Taylor Law

Read the latest business news from the BBC

Co-op halts new business lending
Co-operative Bank has stopped offering new business loans amid concerns over its capital position and talks with UK regulators.
Germany reports sluggish growth
Germany's economy barely grew in the first quarter of the year, figures show, as private consumption helped offset shrinking exports and investment.
IMF chief Lagarde made key witness
A French court does not place IMF head Christine Lagarde under investigation over a payout made when she was finance minister, making her a key witness instead.
Manchester United cuts debt costs
Manchester United has struck a new loan deal to cut the amount of interest it pays on its huge debts.
London Market Report
London's leading shares lose further ground in Friday trading, extending Thursday's global sell-off.
Second RBS apology for app glitch
RBS has apologised for the second time in two months after customers were unable to login to their accounts through their mobile phone app.
Poor countries take on tax avoiders
Developing countries are trying to stop mining companies shifting billions of dollars in profits out of their countries, depriving them of much-needed tax revenue.
Euro bank chief sees UK improvements
European Central Bank president Mario Draghi, visiting London's City district, says he sees "signs of tangible improvements" in the UK economy.
News Corp to split in two on 28 June
News Corp announces it will officially split its publishing and entertainment businesses on 28 June, two years after the UK phone-hacking scandal involving the News of the World.
Amazon reveals fan fiction platform
Fan fiction authors will be able to publish and sell some titles in the US via new e-book platform Kindle Worlds.
Low rates 'fail to deter savers'
A lack of confidence among consumers has pushed up savings levels in the last year despite the low rates of interest available, banks say.
Latam 'gang of four' scrap tariffs
Four countries in Latin America - Chile, Colombia, Mexico and Peru - have agreed to scrap most of the tariffs on trade between their four countries.
Japanese stocks recover after falls
Shares in Japan have closed 0.89% higher, one day after Thursday's global sell-off in shares.
Tata Steel swings to a loss
Tata Steel, one of the world's biggest steelmakers, blames weakness in Europe for a net loss in the fourth quarter and says "severely depressed" conditions are likely to persist.
French court questions IMF chief
IMF chief Christine Lagarde is grilled by judges in Paris over a big payout to a tycoon when she was French finance minister.
Nissan recalls over 800,000 vehicles
Nissan says it plans to recall about 841,000 vehicles worldwide due to a faulty steering wheel.
Tuition fee 'could be cut to £6,000'
Tuition fees in England could be limited to £6,000 per year and remain cost-neutral to universities and the Treasury, research suggests.
JP Morgan fined £3m for failings
JP Morgan's international bank division has been fined £3m by the Financial Conduct Authority for failures in client advice and record-keeping.
Couple's £163,000 phone bill shock
A couple who own an electrical firm had a shock when they received a mobile phone bill for £163,000, then fought for months to have the debt cleared.
UK first quarter growth unchanged
The UK's economy grew at 0.3% in the first three months of the year, official figures confirm, but concerns remain over the strength of the recovery.
Bernanke hails benefits of stimulus
US Federal Reserve chairman Ben Bernanke tells Congress that it is too soon to end the central bank's monetary stimulus programme or raise interest rates.

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Taylor Law is the trading name of Taylor Law Limited,
Registered No. SC355902 | Registered Office: 3 Castle Court, Carnegie Campus,
Dunfermline, Fife, KY11 8PB | Regulated by the Law Society of Scotland