Dispute Strategies as Means of Additional Revenue in Economic Downturn

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Dispute Strategies as Means of Additional Revenue in Economic Downturn

Miika Junttila, Sr. Legal Counsel, Nokia Siemens Networks Australia Pty. Ltd., Australia

This paper discusses and evaluates dispute strategies and the different aspects thereof. The concept of dispute strategy is analyzed mainly in three different contexts; Firstly, how dispute strategies can be build into contracts and how those strategies can be benefited both from enforcement and risk mitigation point of view. Secondly, analyzing the adoption of a dispute strategy at the dawn of the actual dispute and, finally, the commercial drivers and outcomes that the selected dispute strategy intends to achieve.

Miika Junttila is a Senior Legal Counsel in Nokia Siemens Networks, a multinational telecommunications network infrastructure and service provider owned by Nokia Corporation and Siemens AG, with more than five years of in-house and law firm experience in corporate and commercial law, cross-border M&A, finance and competition law.

Nokia Siemens Networks is a leading global enabler of telecommunications services. With its focus on innovation and sustainability, the company provides a complete portfolio of mobile, fixed and converged network technology, as well as professional services including consultancy and systems integration, deployment, maintenance and managed services. It is one of the largest telecommunications hardware, software and professional services companies in the world. Operating in 150 countries, its headquarters are in Espoo, Finland.

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