Alternative resolution of commercial disputes in Nicaragua

If you seek to resolve your business dispute outside of a courtroom, you are in the right place. Our firm is one of the most experienced in Nicaragua, and with a great record in the alternative resolution of conflicts through arbitration and mediation, since we devise effective strategies oriented to successful results for the interests of our clients, whether national or foreign.

When dealing with conflicts within the framework of alternative resolution, we are inclined to prioritize our clients' time, justice and minimization of the reputational and financial cost of their businesses, as it is an effective method to find the solution in a faster, more economical and autonomous way.

Why hire Corrales & Associates for alternative dispute resolution, mediation or arbitration?

Nowadays, many corporate law firms suggest taking legal action and resolving disputes in court, as they prioritize the income they will generate instead of solving the conflict in the most efficient and economical way for their clients. 

On the contrary, at Corrales & Associates transparency prevails and we build loyalty in our clients when managing cases of conflicts based on the search for the best solutions through mediation, arbitration, and other ADR methods. In addition to solving the conflict in a faster way and at a lower cost compared to conventional judicial procedures, this method will allow you to preserve human and commercial relationships, control the risk of falling into disrepute and avoid further damages in the future.

When cases are better adapted to traditional litigation, Corrales & Associates has the best  business litigation attorneys, who have specialized in cases related to financial and investment disagreements (whether national or foreign), commercial transactions, problems with the use of trademarks and patents, conflicts between shareholders, financial disputes, among others.

Why hire Corrales Lawyers - Corrales Attorneys for alternative dispute resolution, mediation or arbitration?
Conflict Resolution Services of the Firm Corrales Lawyers - Corrales Attorneys

Litigation Services and Alternative Dispute Resolution

  • Mediation services and representation
  • Commercial Arbitration representation
  • General Litigation representation
  • Administrative Litigation

Do you have questions related to our Litigation and Alternative Dispute Resolution services?

Welcome to our section of frequently asked questions about Litigation and Alternative Dispute Resolution services. If you cannot find an answer to your question, we invite you to fill in the contact form located in the next section.

1. What is the difference between a mediation process and an arbitration?

In the mediation process, the mediator tries to bring the parties closer together to get them to reach the terms of a satisfactory agreement. It is not mandatory to reach a resolution of the conflict. It is faster and cheaper than arbitrage.

On the other hand, in arbitration the parties take their claim to a court and the court decides the resolution of the conflict either based on their best judgment, or based on the law. The resolution is mandatory and binding for the parties. It is less efficient than mediation but there is always a resolution to the conflict.

2. What is the difference between resolving a dispute by mediation or arbitration versus in traditional courtrooms?

In mediation and arbitration one of the main advantages is confidentiality since the cases are not known, nor can they be known by the public. They are also processed much faster than ordinary jurisdiction and therefore cheaper.

The processes before the civil and commercial courts, although their resolution times have been shortened with the implementation of oral processes, they still take too long to resolve.

Finally, for some processes that require specialized technical knowledge, such as conflicts in the construction industry, arbitration is a more convenient process because expert engineers can be used to decide on the conflict.

3. What are the advantages of mediation and arbitration?

They are mainly the time efficiency and control that the parties in a conflict have. Not only from the point of view of the substance of the conflict, but also from the way to resolve it, since both provide flexibility on the procedural rules for the process.

4. How long do mediation and arbitration processes take?

An arbitration process has an average duration of five to six months. In the case of mediation processes, they are normally shorter and their average is close to two and three months.

5. What types of processes do you carry out on behalf of your clients?

We represent our clients in arbitration and mediation processes, both as party representatives or as mediators / arbitrators. In the same way, we represent them in administrative, civil, criminal, family, labor and constitutional processes.

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