Alternative Dispute Resolution
The economic boom, both globally and locally has led to stiff competition which in turn has brought about stricter regulatory compliances leading to higher accountability. The concurrence of these determinants leads to higher costs and liabilities which mandates that disputes are either altogether avoided or when they arise are resolved not just effectively but quickly as well.
The Alternate means of dispute resolution (shortened to ADR) vis-à-vis arbitration and mediation, help resolve disputes effectively and fairly quickly as opposed to a cumbersome litigation process. LexarLegal uses its extensive knowledge of the domains as well as the ADR processes to help its clients negotiate and settle these disputes effectively.
Arbitration
Arbitration is a consensual procedure given effect by the agreement of disputing parties to submit the dispute to one or more arbitrators to resolve a dispute privately instead of going to court. The decision of the said arbitrator or arbitrators shall be binding. Arbitration offers a speedy dispute resolution mechanism and is more cost effective than litigation. LexarLegal offers arbitration services as well as represents its client’s interest before arbitrators and arbitration panels. We have successfully represented our clients in Domestic Arbitrations, International Arbitrations as well as International Commercial Arbitrations.
We help with
Mediation
Mediation is a voluntary, non-binding, confidential and interest-based way of resolving disputes facilitated by a neutral person to assist the disputing parties reach an amicable settlement. We at Lexar Legal have successfully Mediated various disputes ranging from Commercial Disputes relating to mercantile documents, franchising, distribution disputes, joint ventures, IP rights and licenses, export & import issues etc. to Matrimonial Disputes such as couples’ mediation, child custody agreements, financial settlement in divorce proceedings etc. We have helped the disputing parties reach negotiated agreements by assisting them in their communications and negotiations while providing a non-partisan, neutral and non-binding assessment of the dispute.