Mediation

For some, turning toward litigation to resolve a business dispute isn’t the best path to take. Litigation can be time consuming and costly, and the outcome doesn’t always leave the engaged parties on good terms. Fortunately there are other methods of coming to a suitable resolution. These techniques, known as alternative dispute resolution, can be used in place of going to a court room to solve a business disagreement.

One of the most common forms of alternative dispute resolution, or ADR, is mediation. During the mediation process, an external and unbiased party sits down outside of the courtroom with representatives from the conflicting parties. This third individual, known as the mediator, serves to facilitate discussion and improve communication.

The mediator assists in the process of reaching a solution, but he or she does not actually decide upon the outcome. Instead, the disputing parties much reach a resolution together. There are many advantages to choosing mediation over litigation as the method of solving your business dispute.

Mediation offers up the following benefits:

• It is often cheaper than litigation.
• It often takes less time than litigation.
• Mediation cases may be kept confidential.
• You have a direct influence on the outcome.
• You may be able to preserve good relationships.

Because you work hand-in-hand with the other party and come to a resolution together, you are more likely to stay on good terms. This could be very important, depending on the nature of your relationship.

Contact Us

If you are currently engaged in a business dispute but would rather avoid the process of litigation, then mediation may be a good alternative for you. The Austin business lawyers of Slater, Kennon & Pugh Ltd.LLP can help guide you through this process. To learn more, contact our offices today by dialing 512-472-2431