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WLA offers ‘DISPUVENT’, a single window solution in association with “International Commercial Disputes Tribunal – ICDT”, to mitigate risk of disputes in cross border transactions and dramatically reduce the possibilities of disputes.
DISPUVENT is an end-to-end solution that protects your business from unprecedented situations leading up to protracted disputes and if any such situation of a conflict occurs and needs a resolution, our unique association with ICDT offers a combination of innovative dispute management systems and highly credible Dispute Neutrals to quickly and cost effectively resolve disputes.
Our association with International Commercial Disputes Tribunal ICDT provides total and absolute “Cost Certainty” to our clients with a fixed fee service for the administration of resolution process under ICDT Rules and a highly reduced fees of the Arbitrators and Mediators.
DISPUVENT is a 3 stage service that starts from the contract negotiation and drafting stage and remains throughout the contract or transaction lifetime.
DISPUVENT delivers success to clients with a seamless integrated approach of ‘WLA International Contract Group’ and ‘WLA Dispute Management Group’, in association with ‘ICDT International Commercial Disputes Tribunal’.
The agreement should create a mechanism preventing minor conflicts from escalating to contentious proceedings that will likely damage the relationships among the stakeholders. This requires putting into place systems, institutions and procedures.
How you structure, negotiate, shape, define and draft a contract determines the success of your business relationship. Contracts are the bedrock of any transaction and WLA DISPUVENT helps you prevent disputes with a modern holistic approach to contracts, ensuring certainty and success.
Constant monitoring and timely interventions, as-and-when required are key to keeping the misunderstandings and unnecessary escalation of conflicts. And even if that happens, WLA DISPUVENT prevents any such adversarial legal action.
With DISPUVENT, the possibility of a dispute is rare. Almost a fraction of what you may witness without the DISPUVENT. However, if a dispute escalates, DISPUVENT helps parties limit the damage caused by the dispute manifold by FICM-ICDT administered dispute resolution process.