Do I Need An Expert In Arbitration?

Like in any other business, an expert in arbitration for franchise business plays a vital role in resolving disagreements between the franchisor and the franchisee.

 Whether it is in international or domestic franchising, dealing with such experts may depend on the case on hand. That is why one should prioritize consulting the best franchisor law firms in case of any franchise dispute.

 One advantage of having legal advice is that most people defame arbitration as it favors more vigorous opponents than weaker ones. However, when it comes to the franchise business, they can consult with their lawyers on the best course of action.

  Use Of Experts In Arbitration

There has been an increase of experts in settling disputes in franchise law. Moreover, most of the cases have shown that experts have brought tremendous value to the parties.

 Engaging in arbitration requires an agreement to arbitrate, which can be typically found in the franchise agreement. Alternative dispute resolution is one way to resolve disputes outside of typical litigation.

  Typically, all aspects of franchising seem to be in dire need or are subjected to expert testimonies. There are many instances in arbitration that calls for expert testimonies. Some of these include:

• Damages: If a franchisor has breached the contract, a franchisee may have a claim for damages. The franchisor will not automatically agree on such damages and may argue that a third party caused such damages. In case of such an allegation, an expert witness may play a vital role and address the issue.
• A franchise or a license agreement: Another potential area in which an expert witness might be needed is whether a given business is to be considered a franhcise regulated under federal and state laws. This can have significant implications on how the franchisee can avoid potentially financially damaging non-compete agreements.

Getting Legal Help

   One of the hallmarks of using arbitrators is the ability for both parties to craft an arbitration clause that favors both parties.

 The arbitration process is complex for any layperson. Therefore, one requires an experienced attorney accustomed to the many nuances of arbitration to provide the case on hand with indispensable resources to assist the successful settlement of a claim.