The Importance of giving Dispute Resolution Clauses your Attention
Dispute resolution clauses can be easily overlooked. However, it is always important to consider what processes are specified in your contract before committing. Here we consider one of the potential downsides of an arbitration clause – for the unsuccessful party at least. This is a useful reminder to consider the pros and cons of the processes that you are signing up for and to seek advice if you have any questions about how those processes might work.