Why US Small Businesses Pay $91,000 to Resolve a Contract Dispute

Why US Small Businesses Pay $91,000 to Resolve a Contract Dispute

The cost of commercial litigation is costing American small businesses a lot, and this problem is structurally identical to what UK businesses face. Here is a question every US business owner or startup founder should be asking: if a supplier breaches a $50,000 contract, can you afford to enforce it? For most American small businesses,…
Writing Off Business Debt: The £5.8B Mistake for UK SMEs

Writing Off Business Debt: The £5.8B Mistake for UK SMEs

Every year, UK SMEs walk away from £5.8 billion in legitimate, hard-earned revenue1. The cycle is maddeningly familiar: a digital payment crosses the globe in seconds, yet a commercial invoice sits frozen for months. Eventually, the chasing stops, the phone calls end, and the debt is written off in the name of corporate efficiency. But…

Online Dispute Resolution: A global phenomenon

Online Dispute Resolution (ODR) empowers parties to resolve disputes using digital tools; streamlining processes that were traditionally expensive, time-consuming, and intimidating in physical courts. ODR incorporates negotiation, mediation, arbitration, and sometimes judicial procedures over secure web-based platforms. Its rapid global proliferation has been fueled by advances in technology, rising cross-border trade, and the critical need…

eBay’s Secret Sauce: Effective Online Dispute Resolution

Imagine a bustling digital marketplace with over 182 million active users globally. In this vibrant ecosystem, disputes are inevitable. Yet, eBay has managed to create a harmonious environment where conflicts are resolved swiftly and fairly, thanks to its sophisticated Online Dispute Resolution (ODR) system. Join us as we explore how eBay’s ODR system works, why…