Mediation and Arbitration Preparation

Not every dispute ends up in court in front of a judge. There are other options available to you, some of which include mediation and arbitration.

Mediation is a non-court dispute resolution process where the parties negotiate a settlement between themselves before a neutral third party. Mediation is a great way to speed up the dispute process. Clients have the ability to negotiate a settlement agreement, and it is great, too, when traditional negotiations have failed to resolve disputes. Benefits of mediation include:

  • Confidential
  • Convenient
  • Flexible Scheduling
  • Faster Than Trial
  • Protects Parties from Adverse Court Orders
  • Reduced Costs
  • Voluntary

Arbitration is another non-court resolution process where the parties agree to allow a third party who resolves the dispute after hearing a presentation by both parties, just as if they were a judge or jury.

  • Arbitration is Binding
  • Efficient
  • Faster Than Trial
  • Parties Agree on the Arbitrator
  • Private Procedure
  • Reduced Costs

The downside to arbitration is that you lack the discovery tools that you would otherwise have if the dispute were pending in Court. The trade-off may be worth it in some instances – such as where the damages potential is small or where a quick decision is worth more than a protracted process.

Both the mediation and arbitration processes can be very useful tools for resolving disputes in the right circumstances. Sage counsel can advise you on the best dispute method and can represent your interests in these alternative dispute resolution processes.

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