Mediation for businesses is useful to put a deal together and if a business relationship (which can include other businesses, employees, customers, vendors etc.) goes south. It is always useful to have a skilled mediator help the parties negotiate a transaction, or to help the parties resolve a dispute. The alternative (the “BATNA”-Best Alternative to a Negotiated Agreement) is oftentimes less satisfactory than working through any problems with the help of a mediator. If litigation is the BATNA then the parties need to seriously consider mediation before running off to court, which will be expensive, time-consuming, and probably not very satisfying. With a negotiated solution everyone can win; in litigation oftentimes everyone loses
Companies enter into many contracts, and disputes arise when two parties don't agree. Resolving such disputes through the courts can waste valuable company resources and time; this is why business mediation is a more effective and affordable dispute resolution means.
Through Mediation, two companies preserve their ongoing business relationship with minimal time and effort. But for the process to work, both parties must clearly articulate the disputed facts. Mediation is more effective when the two agree on what happened but differ about how they should respond.
The result is a written agreement that settles the dispute, with both parties sharing the mediation expenses.
When you work with Attorney Baum, you'll have an experienced business law attorney who will stand by your side through every step of the negotiation process or serve as a third party neutral to resolve a business dispute through mediation. Attorney Baum recommends mediation for business owners because it shortens and eases the process.
With business mediation, you can...
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Law Offices of Robert L. Baum