Negotiation is a method of dispute settlement through which the disputing parties discuss, self-settle, and remove arising disagreements to eliminate disputes in the spirit of fully respecting the parties’ right to agreement. Among the dispute resolution methods, this is the first method chosen by the disputing parties and in practice most of the disputes in business and commerce are resolved by this method. This is also the method encouraged by the State to apply.

Therefore, Hong Bang Law would like to send you some information about the method of dispute resolution by negotiation and the services we provide.

Features of the Negotiation method

Advantages

• The outstanding advantages of this dispute resolution method are convenience, simplicity, speed, flexibility, efficiency and low cost.
• Dispute settlement by negotiation also protects the reputation of the disputing parties as well as business secrets of businessmen.
• Negotiating shows goodwill, helping to keep and develop business relationships for the benefit of both parties.

Disadvantages

• Negotiating success or failure completely depends on the understanding and goodwill and cooperation of the disputing parties. When the views, attitudes and wills of the parties are too different or one or both parties do not have the attitude of cooperative efforts, lack of goodwill and honesty in the negotiation process, the possibility of success is low. very fragile, the results of negotiations are often deadlocked.
• Negotiating results are not guaranteed by a mandatory legal mechanism. Therefore, even if the parties reach an agreement to resolve the dispute, the implementation of the negotiation results still depends on the willingness of the obligor to perform.

Services provided by Hong Bang Law

Negotiating when resolving commercial disputes in particular and all types of disputes in general requires a lot of factors and skills such as capacity, character, social relationships, personal reputation, knowledge, confidence, persuasion, patience, preparation of a negotiation plan and skillful use of negotiation tactics. The participation of lawyers is essential. 

Lawyers of Hong Bang Law are experts who fully converge those qualities. Our team of lawyers with extensive professional knowledge, and many years of experience in negotiating and resolving disputes, are always willing to accompany our clients, giving our clients the best possible assistance, the most correct and useful legal advice.

With the help and companion of Hong Bang Law, clients can:

• Receive expert advice, assessment and comment on the dispute.
• Choose the right method of dispute resolution for the situation.
• Limit costs incurred, save time when resolving disputes, and keep information absolutely confidential.
• To best protect their legitimate rights and interests.
• Limit many legal risks

We provide legal consulting services, support clients to resolve all disputes occurring in all areas:

• Disputes arising in business and commercial activities such as: purchase and sale of goods, provision of services; lease, lease-purchase; construct; freight; buying and selling bonds and stocks; financial investment, banking.
• Disputes over intellectual property rights and technology transfer;
• Disputes between the company and its members;
• Land disputes;
• Disputes in other civil relations, etc.

Hong Bang Law will accompany clients throughout the dispute resolution process, through the following specific services:

• Advising and assisting customers in choosing dispute settlement methods to ensure the best rights and benefits for customers.
• Advising on the rights and obligations of the parties;
• Consulting to determine the basis for dispute settlement and the legal basis for dispute settlement;
• Advising, preparing to contact and negotiate with related parties in dispute settlement;
• Organizing negotiations, representing negotiations for customers;
• Exchange and guide customers to collect documents and evidence, provide information

Time and cost

Depending on the complexity of each case in practice, the required time and cost for each case vary. Therefore, to receive the most detailed and closest information to your case, please contact Hong Bang Law.

If you need more detailed advice and answers as well as how to access this service, please contact directly the Deputy Director of Sales: Lawyer Nhat Nam via hotline: 0912.35.65.75, 0912.35.53.53 or call the toll free legal consultation hotline 1900.6575 or send a service request via email: lienheluathongbang@gmail.com

Wishing you and your family good health, peace and success!

Best regards!