Look, I'll give this post a go. I'll say that it depends on a couple of things :
1. What country you're in;
2. What you classify as a dispute; and
3. What has caused the dispute
For mine, I don't know that there's a "right level". But as you have alluded to, there will always be some due to documentation or contract management or even just expectations changing over the life of a contract.
As always, I think it's how you handle the discussion that's important. And if you've developed relationships with suppliers that allow you to talk freely, then you're halfway to resolving them already.
• World Commerce & Contracting
Dear Fubara, thank you for your message.
You may wish to look at the work of Ken Adams on Contract Drafting. www.adamsdrafting.com. Tiffany Kemp also has a book and a course on contract drafting tiffanykemp.com/product/essential-contract-drafting-skills-paper-copy/.
We would also recommend you looking at IACCM's own work on contract design and simplification www.iaccm.com/services/contract-design-and-simplification/
For a list of training organisations that we accredit - you can see them on our website here www.iaccm.com/training/onsite-training/
No. You can seek insurance for pretty much anything unless there is some form of illegality involved. But the question is whether anyone will be willing to insure it and the scale of premium. Ultimately, as buyer, you will bear the cost of that risk transfer in the price you pay.