Resolving disputes can end up costing the parties a considerable amount of money not only in relation to solicitors' and barristers' fees, court fees, expert witnesses fees, etc, but also in time spent working on the resolution. There is no guarantee that these costs will be fully recovered in any settlement agreement. It is, therefore, very important for parties to understand what the best and most cost-effective way is to approach resolving any disputes and if possible prevent situations escalating and becoming a dispute in the first place. Written by consultants and partners of The...