Document Type
Article
Publication Date
5-2024
Abstract
Strong interorganizational relationships play an essential role in business relationships. Soft skills associated with negotiation and communication are key to dealing with disagreements in these relationships. However, many companies do not invest in these aspects of their business relationships until conflicts arise. Dispute resolution provides helpful processes for managing these disputes, but companies can avoid conflict before it arises by investing in dispute prevention.
Dispute prevention represents a change in the existing paradigm, yet it poses numerous benefits. By implementing a dispute prevention mechanism, such as a Standing Neutral, companies can invest in strong interorganizational relationships and improve their ability to flexibly respond to changing circumstances, allowing them to save time and money while maintaining focus on their business purpose.
Recommended Citation
Joan Stearns Johnsen, Less Litigation, More Business Purpose: Leveraging Dispute Prevention to Preserve Business Relationships, 19 U. Mass. L. Rev. 323.
Included in
Business Law, Public Responsibility, and Ethics Commons, Dispute Resolution and Arbitration Commons, Labor and Employment Law Commons, Litigation Commons