Every commercial transaction involves risk of a dispute which potentially can become an intense process subject to considerable risks, uncertainties and costs. From the start of commercial dispute between corporate entities in Asia, highly skilled advice on Asian culture, mentality, as well as commercial practice is required to assess the merits and potential pitfalls; to plan and execute strategy and tactics and to present contentions persuasively-whilst at the same time ensuring that Asian cultural mores are not offended.
At Mackenzie Smith Law, our objective is to extricate our clients from their commercial disputes at the optimum point when they achieve, as claimants, maximum financial recovery, or as defendants, minimum financial exposure. Our reputation as a leading arbitration and dispute resolution firm in Thailand is based on our ability to achieve this objective through conciliatory methods such as negotiation, arbitration, adjudication or alternative dispute resolution rather than confrontational methods such as litigation which is foreign and unwelcome in Thai custom and culture.
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Arbitration is the most widely-accepted method of alternative dispute resolution (ADR), used around the world as an effective substitute to court litigation to resolve commercial disputes. Parties normally enter into arbitration consensually, by agreeing in the body of the contract that arbitral procedures will be their primary or sole recourse in case of later disputes.
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