August 20, 2020

Simple Solutions To Make Your Business Contract ODR Friendly

Business contracts should be drafted keeping rapid enforceability in mind.

ODR is the way to resolve almost all civil disputes in a rapid and inexpensive manner.

However, if a dispute is very complex and requires parties to provide a lot of evidence to prove their case, the ODR advantage will be less.

But don’t worry, you can make most contracts ODR-friendly by employing a few simple drafting techniques.
1. Use simple language to draft your contract
2. Make sure that all parties’ rights and obligations are clearly stated in the contract.
3. Ensure that the consequences for breaching the contract are stated in the contract.
4. Insert a clause mandating that all disputes arising from the contract are settled by ODR. Even better, specify the ODR Platform to be used.