If you happen to be facing any franchiser disputes, you should decide to resolve the issues soon so that you can continue with your daily practices. You can choose to settle the disputes in court or through Franchise Arbitration. The latter is usually preferred by many people because of its simplicity. Also, it is convenient for parties that want disputes to be settled privately. Hence, if you and your franchiser prefer the ADR process, you should look for a qualified arbitrator to guide you. The advantages of this process are many. Keep reading to find out seven reasons for choosing the ADR process.
Most franchisers opt for this form of dispute resolution because it is simple, fast, and private. Also, they will not go to court. This means that there will be no jury trial because the proceedings will not take place in court. Hence, this process favors parties that do not like formal litigation.
Since the case will not be settled in court, the parties must choose a suitable location that will be convenient for both of them. Therefore, there is neutrality for the parties. No person will be favored when it comes to selecting the site. Also, business people can have an opportunity to choose their home town. However, legal advice should be sought after during the selection of a location.
This process is typically flexible. This means that the parties can decide and agree on the nature of the proceedings. They are thus given an opportunity to decide how they want the case to be handled. Also, they are the ones that select the arbitrator. The procedural rules of the case are also decided by the parties. The process is, however, similar to formal litigation in many ways.
This process offers both parties confidentiality. Thus, unlike court proceedings, the procedure is confidential. This is essential because the reputation of the brand can be protected. Therefore, the franchiser will retain his/her business integrity. Also, the parties can exchange vital information that will remain confidential. Thus, whatever happens will not get to the media. This is one of the reasons people opt for this procedure.
The speedy nature of the process also attracts business people who are facing disputes. The participants can come up with a deadline of the case. Therefore, the arbitrator must ensure that the deadline has been met. When the case becomes handled quickly, it gives the participants time to continue with their operations.
This process provides the parties with finality. Hence, the final verdict usually marks the end of the process. This means that no party can appeal. This makes this process to be fast and convenient for most people. Therefore, if you want the case to work in your favor, you should prepare yourself adequately.
The simplicity of the process is also another advantage that the parties get. The rules involved are straightforward because the parties are the ones that make them. Therefore, there will be no surprises. If you are currently facing a dispute, you should consider resolving it through the ADR process.
Most franchisers opt for this form of dispute resolution because it is simple, fast, and private. Also, they will not go to court. This means that there will be no jury trial because the proceedings will not take place in court. Hence, this process favors parties that do not like formal litigation.
Since the case will not be settled in court, the parties must choose a suitable location that will be convenient for both of them. Therefore, there is neutrality for the parties. No person will be favored when it comes to selecting the site. Also, business people can have an opportunity to choose their home town. However, legal advice should be sought after during the selection of a location.
This process is typically flexible. This means that the parties can decide and agree on the nature of the proceedings. They are thus given an opportunity to decide how they want the case to be handled. Also, they are the ones that select the arbitrator. The procedural rules of the case are also decided by the parties. The process is, however, similar to formal litigation in many ways.
This process offers both parties confidentiality. Thus, unlike court proceedings, the procedure is confidential. This is essential because the reputation of the brand can be protected. Therefore, the franchiser will retain his/her business integrity. Also, the parties can exchange vital information that will remain confidential. Thus, whatever happens will not get to the media. This is one of the reasons people opt for this procedure.
The speedy nature of the process also attracts business people who are facing disputes. The participants can come up with a deadline of the case. Therefore, the arbitrator must ensure that the deadline has been met. When the case becomes handled quickly, it gives the participants time to continue with their operations.
This process provides the parties with finality. Hence, the final verdict usually marks the end of the process. This means that no party can appeal. This makes this process to be fast and convenient for most people. Therefore, if you want the case to work in your favor, you should prepare yourself adequately.
The simplicity of the process is also another advantage that the parties get. The rules involved are straightforward because the parties are the ones that make them. Therefore, there will be no surprises. If you are currently facing a dispute, you should consider resolving it through the ADR process.
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You can find a summary of the benefits you get when you use professional franchise arbitration and mediation services at http://www.cdcaruso.com/practice-areas/arbitration right now.
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