Covid-19 has undoubtedly put unprecedented demand on all. It remains to be seen how many companies will weather the storm. It is likely that this tumultuous time will bring about more disputes. Whether it is due to failure to supply, delivery of defective products or a failure to pay. The Courts are trying hard to ensure that the administration of justice continues. However, it will be interesting to see if those involved in disputes will be more likely to embrace alternative dispute resolution moving forward.
With less costs involved than litigation, some may choose ‘commercial settlements’ where they can maintain control over the outcome and prevent exposure to litigation risk. Such settlements also offer the benefit of keeping confidential the settlement that is agreed, which can be attractive to companies in particular who strive to maintain a positive reputation. As an alternative, it might be that more parties reach out to mediators for help in resolving their dispute. More so now than ever, technology is playing a huge part in every day life and can also be used in the attempt to bring an end to a dispute. We are seeing the use of technology for meetings, mediators and in the Court room, with virtual courtrooms being more prevalent. Whatever the future holds, it is safe to say that no doubt society will be conservative with expenditure when we see the end to the Covid-19 crisis, and that extends to those embroiled in disputes.
SHU Law is not for profit and can help you with a wide range of disputes that you may have. Please contact us to discuss.