dispute management

Against a backdrop of continuing uncertainty in the financial markets, credit control and debt management has become a business critical issue, argues Liz Hope, head of Morgan Cole’s Swansea-based recoveries team.

It is an unfortunate fact that anyone involved in business, whether in the medical profession or otherwise, is also likely to experience being involved in a dispute at some stage in their professional career. Hopefully, the majority of us will be able to resolve the dispute quickly and without the need for recourse to a more formal dispute resolution procedure.

When a commercial contract goes wrong, it can take a great deal of time and involve many people to achieve continuity of service. Attempting to resolve any disputes that have arisen, can also become costly, especially if Court proceedings are commenced. However, having the following key terms in a contract can help you to control any dispute that might arise.