How to Know if Mediation is Right for You
When your organization is faced with serious problems or misconduct from the outside, it may seem at times that pursuing litigation and a legal suit is the only solution available to you. Often times, however, suing leads to lengthy trials, extremely expensive legal fees, and also can severely damage or even end your relationship with the other party. Certain issues, however, can be resolved before the courts are ever involved. This is through the process of mediation. Mediation is an alternative dispute resolution technique (ADR) which involves a 3rd party mediator who can be trusted to come to a fair decision for both parties.
Mediation is a great alternative to court hearings.
As stated before, trials can be lengthy and incredibly expensive. An experience mediator, however, can help save both parties an immense amount of both time and money, allowing both parties to be satisfied. The video above goes into more detail regarding the exact process of mediation, and what it looks like in the corporate setting. Mediation can help in many different types of issues, ranging from patent disputes to the recreation of new terms for a contract. Now, instead of immediately pursuing litigation, you can also consider this great form of alternative dispute resolution.