Business dynamics can be intricate, with multifaceted relationships at play. Disputes can arise in various scenarios, from disagreements among partners, shareholders, and employees to differences with external entities. The nature of the dispute often determines the approach for resolution. For instance, internal disputes involving stakeholders might necessitate a more delicate approach, while external conflicts, such as those with suppliers or clients, could require a more assertive stance.

But regardless of the dispute’s nature, an overriding priority remains: addressing the conflict effectively without jeopardizing crucial business relationships. Prolonged conflicts or adversarial tactics can strain relationships and impact a business’s bottom line. Hence, seeking resolution without resorting to the courts becomes imperative.