While there are many benefits to opening a business—there can be just as many compelling reasons not to do so at all. Challenges abound as you must handle finances, order inventory, hire and fire, and all the while keep the customers coming in. While hopefully experiencing the rewards of being an entrepreneur, you must also handle a wide range of tasks coming at you (many of which are continually unexpected) nonstop, every day. Attention must be paid to every detail, and the hours can be long and exhausting. Because of that, becoming embroiled in a business conflict can seem completely overwhelming—bringing on a source of stress you do not need or want.
Alternative Dispute Resolution is Worth Exploring First
With the help of an experienced business attorney like Shane Coons, you can explore your options in dealing with legal disputes. Litigation and aggressive action to protect your company may be the only route in some cases, but many other times an alternative process such as mediation can be easier on everyone involved. Mediation is especially helpful in business disputes where the issue at hand may be contentious and resolution is necessary—but you would rather not completely ruin a long-term relationship.
A Relaxed Atmosphere Often Leads to Quick Resolution
You may be trying to resolve a dispute with an employee, a partner, a vendor, or another business. In seeking out mediation before litigation, there are numerous benefits. The atmosphere is usually much more casual, and scheduling is much easier than dealing with a busy court docket. You may even be able to attend the mediation after hours or on a Saturday or Sunday, with the mediator often meeting with both parties ahead of time to gain a clear understanding of the case.
Resolution is usually reached much more quickly due to the relaxed forum, and especially when all parties involved are motivated to decide on a fair settlement. The mediator acts as a completely neutral party, stepping in to provide guidance when the parties in dispute reach an impasse, and helping them to continue with negotiations successfully. The majority of mediations do result in resolution, after which the mediator is responsible for drafting the appropriate documents for authorized parties to sign. Upon their signatures, the mediation becomes a binding process and all parties involved are required to fulfill their outlined duties.
Contact Us for Help Now
If you have a legal issue and want to learn more about the best alternative dispute resolution process for your case, please call Shane Coons now at 949-333-0900 or feel free to email us at Shane.Coons@seclawoffices.com.