Dispute resolution is how disputes come to an end. There are a variety of types of dispute resolution that can be used for a variety of situations, including Mediation, Arbitration and Litigation.
Mediation involves a third party who will help resolve the issue and help them come to an agreement. An arbitrated outcome is where an arbitrator court will decide how the dispute will be resolved and will enforce a binding decision on the parties. A successful dispute resolution team will ensure that they do whatever is necessary to help the parties come to an end with the disagreement. The team for dispute resolution will need to make sure they are all aware of the details of the situation and that they are willing to help out.
There must also be a well-set plan that can be used throughout the resolution process, this will ensure that the process runs smoothly, and everyone is aware of what is happening throughout the period of the dispute. Everyone needs to be aware of the agreed upon strategies that must be implemented into the practical action plan that will make all components of the process clear and easy to follow. The team must also be confident in what they are doing to avoid the risk of any errors that could occur within the process. Everyone must also be willing to seek common ground and find a middle ground where it will be the most practical for cost and time, as well as keeping the tone of the negotiation focused on resolution rather than fault-finding and complaining to ensure momentum towards a solution. These factors will all ensure that the dispute resolution process runs smoothly and effectively to allow for the outcome to be easy to achieve for all involved.
If you or someone you know wish to discuss this issue further, then please do not hesitate to contact us on 02 8999 9809.