Business disputes can be a disruptive and expensive influence on any business. Legal fees, lost business relationships and possible repetitional harm are just some of the many potential consequences of business disputes.
Increasingly, businesses in California are turning to mediation in hopes of resolving disputes and preserving ongoing business relationships.
What exactly is mediation?
Mediation is a process in which a neutral mediator helps facilitate communication between parties with an ultimate goal of finding common grounds to resolve any disagreements.
While working to facilitate discussions, the mediator does not impose their will on the parties. Any decisions about settling a dispute remain with the parties.
Advantages of mediation
Mediation offers a forum for parties to settle issues without the stress and expense of litigating the dispute to trial. Unlike litigation where a judge or jury decides on the issues, the parties may be able to craft a workable settlement themselves.
Mediation also offers the ability to keep disputes out of the public domain, rather than having details of their business and the dispute aired in open court.
Most important for many businesses, resolution through mediation offers an opportunity for parties to establish a framework for future business relationships. This way, parties can preserve mutually beneficial relationships into the future.
Help with mediation
If you are involved in a business dispute, it is important to consult with an experienced attorney about whether mediation is a good option. An attorney can also advise you during mediation about the impact of any potential settlement.