Jawed Zia
Vice President, Established Pharmaceuticals
ABBOTT India

Disputes, arbitration and dispute resolutions are industry agnostic.

Businesses are becoming highly complex across industries and there is a trend of working across for consortiums, partnerships, high level of inter dependencies involving local as well as multinational partners. This is the image of what the future is going to be.

The chances of misunderstandings and disputes will always be there; and disputes impact business – delays in cash flow impact, profitability impacts, time lags, the cost of the legal processes – all together impact finance and viability of the projects.

 

All businesses must realize the importance of a good legal partner with a strong multi-disciplinary team, where both together build a relation based on transparency, trustworthiness and have a continuous ongoing communication irrespective of whether there’s a new contract or not. Such a legal partner can help you better.

 

 

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