Resolving Disputes through Effective Negotiation
Negotiation is when involved parties in dispute reach a settlement that they both agree upon. Negotiations are achieved through conversations made between them.
Our team consists of highly experienced claims negotiators with extensive knowledge. They identify and evaluate the wider issues, assess where interests may be in conflict and seek to reconcile them professionally, taking into consideration a successful resolution ultimately depends on a win-win outcome for both parties.
Mediation seeks the intervention of an impartial third party to resolve disputes between parties to reach a fair and satisfactory resolution and is the preferred approach to negotiating settlements in all types of disputes.
We help parties reach mutually agreeable terms by empowering each other within a constructive and trustful environment. We can act either as an accredited neutral third-party mediator, or as a party aligned representative.
Arbitration is needed when parties face a dispute and decide to seek the help of an arbitrator rather than litigating it to court. In commercial disputes, arbitration holds many advantages, as both parties agree upon the arbitrator who will professionally manage the resolution of their dispute.
Balfaqeeh is well established in both domestic and international arbitration proceedings as client counsel or acting in the capacity of Arbitrator. We are highly specialized in corporate and businesses arbitration cases across a broad spectrum of sectors including Construction and Real Estate, Infrastructure projects, Arts and Entertainment, Banking and Commercial, Sales and Purchase Agreements, Supply Chain, Information Technologies, Insurance, Facilities Management and Asset Management.
Dispute Adjudication Board (DAB)
Proactive Conflict Resolution and Project Management
Dispute Adjudication Board (DAB) involves appointing an impartial and independent board member on relatively large projects, to proactively detect, evaluate and resolve disagreements between parties without them escalating to costly and lengthy arbitration or litigation.
DAB has enormous advantages, including peace of mind knowing that any dispute will be efficiently and promptly managed. It also promotes positivity, cooperation, trust, and open communication.
As a Dispute Adjudication Board member, Balfaqeeh provides advice on various projects.
Our extensive experience and expertise in the subject make us the ideal professional advisor for current and future projects.