Can Oral Agreements be Enforced?

Arbitration is a form of alternative dispute resolution that can take the place of traditional litigation. Arbitration is very different than traditional litigation in court, and the process has various advantages and disadvantages. A party can only be required to submit a dispute to arbitration if all of the parties have agreed to do so – either in advance, such as in a written agreement between them, or after the dispute arises. Arbitration can provide consenting parties with an effective and desirable alternative to litigation.

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Commercial Factoring: Are Clients Receiving All the Money to Which They Are Entitled?

Factoring, a form of commercial lending, typically offers two types of services to its clients: a degree of credit protection and providing the company with the ability to borrow against its assigned receivables. Factoring is especially prevalent in industries involving the manufacture and sale of consumer goods, such as the garment, furniture, and shoe industries.

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Start Your New Business on the Right Foot: A Handshake Isn’t Sufficient!

Have you ever heard about the friends who went into business? If they had given more thought to their future business relationship and had the proper agreement drafted, could things have worked out differently? When “partners” decide to go into business, excited about a new prospect, they often jump in; they’ve given a lot of thought to what the business will be, what they’ll produce, or what services they’ll provide. But they put very little thought into the structure of their business relationship. This can prove especially true if they are starting the business with friends, colleagues or family.

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Lawyers & Clients: Build a Blooming Relationship

When a client first seeks an attorney for advice in deciding whether to pursue a claim or settle one brought by another, the relationship that is established at the outset and decisions made early on can have a significant impact on the ultimate outcome of the matter. It is the client who has knowledge of the facts and best understands his needs and interests; it is the attorney who has knowledge of the law, which is essential to helping the client achieve the best results.

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Commercial Division in New York County Supreme Court Launches Mandatory Mediation Pilot Project

Mediation is an alternative dispute resolution (ADR) process in which adversarial parties engage in a negotiation with the goal of trying to arrive at a settlement acceptable to both sides. Mediation, at its most simplified, is a facilitated negotiation with a trained neutral mediator, who helps the parties identify and address the issues in dispute and helps them arrive at a mutually acceptable resolution.

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Solving Financial Mysteries with Forensic Accounting

To most effectively represent the client, a smart attorney will often times call upon a forensic accountant to assist him in analyzing and preparing a case. By working in tandem with an expert, the attorney can provide the client with an assessment of the case’s strengths and weaknesses as well as its value at the outset. This allows the client to make intelligent and cost-effective decisions early on.

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