30/04/2026
Many commercial agreements include arbitration clauses:-often overlooked at the signing stage.
While arbitration can be efficient, it can also be costly and complex, especially for small and medium-sized businesses.
Arbitrators’ fees, administrative costs, and procedural expenses can quickly add up sometimes making it difficult for a business to pursue or defend a claim.
Before signing any agreement, it is important to understand:-
• How disputes will be resolved
• The cost implications of arbitration
• Whether it is suitable for your business
A clause that seems standard today may become expensive tomorrow.
Always review dispute resolution clauses carefully before committing.