The saying that small businesses form the backbone of the UK economy may sound hackneyed to some, but it is hard to argue against proven statistics. SMEs makeup 99.9% of all private sector businesses in the UK, provide 59.3% of all private sector employment, and generate 48.1% of all private sector turnover. Collectively, SMEs employ 14.4 million people and have a combined turnover of £1.6 trillion.
At Phoenix, our ethos is to promote and normalise methods of Alternative Dispute Resolution around the globe, replacing the high costing and time-consuming means of dispute resolution currently being utilised. In pursuit of this aim, we encourage our experts to submit short pieces on any ADR topic of their choice, in order to improve public awareness around methods of ADR, as well as innovating new ideas for the constant development of the industry.