When you or your company is faced with a dispute – a contract dispute, an employee dispute, or even a consumer dispute – you may be tempted to file a lawsuit. You believe you are right and the court will set you free!
However, there is another option to consider and that option is mediation – a process where a neutral third party helps you and the other party find a solution. Choosing to mediate can save you time and money, avoid negative publicity, work out a deal that works for you, and rebuild important relationships. It is now really easy to look for the finest business mediation via https://www.boileaucs.com/.
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Save Money and Save Time When you file a lawsuit, be prepared to wait. Courts move slowly; Many cases last for years, and legal fees can fluctuate at $ 200 per hour (or more). Plus, litigation takes your time – in court proceedings, court hearings, and deposits – time that you can use to better manage your business and your work.
On the other hand, the mediation was quite fast. If a mediator is not available, you will likely find another one. And although complex mediation can require multiple sessions, those sessions are likely to end sooner than court proceedings and at a much lower cost.
Confidentiality: Facing a legal battle can create dangerous publicity because court records are open to the public. Mediation, on the other hand, is a confidential process and the public does not have access to mediation archives.
The covert aspect of mediation is important for another reason: it allows people to speak openly and frankly, knowing that what they say cannot be published. If people feel free to be honest, they will likely come to an agreement.