How to avoid ending up in arbitration
Arbitraje Rivas provides ongoing contract advisory services to companies to protect their resources and anticipate disputes before they escalate.
Arbitraje Rivas provides ongoing contract advisory services to companies to protect their resources and anticipate disputes before they escalate into arbitration.
Most arbitrations can be seen coming. They usually start with an unanswered letter, a deadline nobody tracked or a change order carried out without paperwork.
Prevention costs less than litigation
- Review the contract and its annexes before signing, paying attention to deadlines, penalties and dispute resolution clauses.
- Keep an organized record of letters, minutes, site logs and deliverables.
- Answer every objection from the other party in writing and on time.
When the dispute already exists
Not every dispute ends in an award. A well-prepared negotiation, conciliation or a Dispute Prevention and Resolution Board can settle it earlier. And if arbitration is unavoidable, this groundwork strengthens your position from the very first filing.
