Options of Dispute Resolution in the UAE

The UAE is a major business hub around the globe. Investors and entrepreneurs face disputes in businesses. Sometimes, cross-border transactions become problematic. The advocates in Dubai help the business sector through litigation or arbitration. However, the latter is an economical way of resolving any dispute because it is a settlement out of court. Litigation is time-consuming as well as an expensive choice for dispute resolution because it has court proceedings that require time for the verdict. There are alternatives to dispute resolution, such as mediation and negotiation. The main difference between both types of dispute resolution is that mediation has a third party known as a neutral party who would facilitate both parties and have a mutual agreement. But the negotiation is when both parties directly interact and find a common ground to agree to resolve the dispute. Talking to an Industry Expert Sometimes, a dispute is unresolved because an expert on the case is n...