When there is a dispute or conflict between business partners, a lawsuit, a contract dispute, or a workplace dispute, it can be costly, destructive, stressful, and intimidating. Besides, it can get in the way of progress, effective communication, and growth. Therefore, any dispute needs to be resolved as quickly as possible.
Mediation, as one of the types of ADR (Alternative or Assisted Dispute Resolution), has become increasingly popular as a result of dissatisfaction with the cost, delays, length, and unknown outcome of the litigation. Mediation, however, is used for both legal and non-legal disputes.
Mediation is a voluntary, confidential, and non-binding process of reaching an agreement, conducted by a third party – Nationally Accredited Mediator by NMAS (National Mediation Accreditation Standards). Mediation is transparent, it has an end, it’s cost-effective, short, informal, flexible, and less stressful than litigation. Plus, it does not require legal representation. During the process, you remain in control of the outcome, and you have a higher chance of preserving your relationships with the other party.