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What is Dispute Risk?

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Dispute risk is the potential that a disagreement with a customer, partner, employee, stakeholder or member of the public will disrupt your business. The term dispute is often used to denote a disagreement that hasn't yet resulted in litigation.
In many industries, such as construction, it is considered important to resolve disputes before they become litigation. If a dispute reaches litigation it is usually more expensive for all parties.
Overview: Dispute Risk
Type
Risk
Definition
The potential that a disagreement will result in losses.
Risk Treatments
Avoid
Reduce
Transfer
Accept
Related Concepts
Legal Risk
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