What is Mediation? Mediation is a flexible, voluntary, and confidential form of alternative dispute resolution (ADR). In mediation, a neutral third party assists parties to work towards a negotiated settlement of their dispute, with the parties retaining control of the decision on whether or not to settle and on what terms. The Chawla Law Firm is here to help! There are distinct advantages to working with a Business Mediator.
Running a Business is a demanding journey that requires business owners and operators to sustain and grow their businesses. Business owners and their management teams are responsible for operations, managing employees, customer engagement, vendor engagement, product/service development, and contract execution, to name a few. Disputes and misunderstandings occur far too frequently for parties to rely solely on the court system or arbitration as their only recourse. While it may be necessary for certain disputes, many disputes can be resolved by trying a hand at mediation first or early in your litigation.
Here are 5 reasons to consider mediation: