Contract disputes are costly, interfere with business productivity, result in economic waste, and destroy business relationships. If you are ready to take action to prevent disputes before they occur, this valuable guide provides proven prevention mechanisms to effectively avoid and prevent business disputes. Written by leading authorities, the book introduces the why and what of dispute prevention and includes a case study of an organization that is shifting from reactive dispute resolution to applying proactive dispute prevention practices. This guide will help you better understand the detailed workings of prevention-focused mechanisms, which include formalizing and managing the business relationship. An overview of the mechanisms is discussed, why they are effective in preventing disputes, and how organizations are putting them into practice. Additionally, the authors include suggestions for designing a Dispute Management System, as well as a compelling business case for why you should make the shift to dispute prevention. If you counsel or play a role in procuring, negotiating, contracting, and/or managing business-to-business relationships, including commercial and supply chain businesses, this guide is an essential resource to take proactive actions to prevent disputes before they occur.
