Arbitration Lawyer
Arbitration, An Alternative Resolution to Intellectual Property Disputes
Consult Arbitration Lawyer For Legal Advice On Dispute Resolution
Court Proceedings Is NOT The Only Solution
When it comes to a dispute with regard to intellectual property contracts, litigation court proceedings is not the only way to resolve the dispute. Sometimes, Arbitration can be a much better option. Arbitration is a non-judicial process for the settlement of disputes wherein an independent third party – an arbitrator – makes a decision that is binding.
In Worldwide, Arbitration is often considered as the main alternative to litigation for the commercial sector. It has also become a common practice to incorporate an arbitration clause into commercial contracts.
Draft A Better Agreement – Include Arbitration Clause In Your Agreement
When a dispute arises, an Arbitration Lawyer would be able to review your case and assess if arbitration is possible or if it is necessary to move towards court proceedings. When drafting your new IP agreement, it is also important to get the arbitration lawyer to review and include a relevant and accurate arbitration clause or agreement so that this could be one of the resolution methods when a dispute arises in the future.
Why Arbitration Is A Preferred Choice For IP Dispute Resolution?
Not Only More Efficient, But Private & Confidential Too
Arbitration is generally more efficient and flexible. It is also private and confidential in nature and thus the media and public cannot attend hearings and proceedings. The final decisions are not published too unless parties consented.
An Effective Way Of Dispute Resolution When Parties Are From Different Jurisdictions
The Arbitral procedure and the nationality of the arbitrator can be neutral to law, language and culture of the parties. Usually, a single proceeding would be able to resolve simple disputes. Court litigation has multiple proceedings under different laws & jurisdiction and sometimes conflicting results arise.
Parties Can Select Arbitrator With Relevant Expertise
In general, it has certain advantages compared to court litigation. For instance, the parties can choose their preferred arbitrator who has the relevant expertise in delivering the decision after hearing the disputes between parties, i.e. choosing your own judge. This is particularly important if the dispute is technical in nature.
You may read further about arbitration at WIPO. To get advice if it is possible for your situation to resolve via arbitration proceedings, consult the arbitration lawyer.
Our Clients Says, “Dealing with Chung Chambers Makes Them Feel At Ease, When It Comes To Intellectual Properties.”
Find Out From Our Arbitration Lawyer About The Possibilities Of Using Arbitration as One of The Means of Dispute Resolution