
Published: 15 May 2000 17:52 BST
An online mediation service for resolving Internet disputes was launched today by UK-based law firm Eversheds.
The service, called dotcomresolution.com, will offer a fixed-fee service for companies seeking legal advice and representation. The company predicted that initially, the biggest area of dispute will be over domain names, but said it may branch into other areas as the spread of ecommerce raises new legal issues.
According to figures from dotcomresolution.com, Internet trading is currently valued at £12bn and is set to grow to £350bn by 2002. Over 15,000,000 domain names have already been registered.
Domain name disputes will still be settled by the World Intellectual Property Organisation's arbitration service, at a fee of $1,000 to $3,000 - dotcomresolution.com will represent clients there at a fixed sum of £700.
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