Most business disputes, such as breaches of contracts to collection matters, can be resolved through mediation. Beason Mediation located in Port Charlotte, FL has a proven track record and the experience necessary to perform successful mediations. Call (941) 979-9010 or complete our online contact form to schedule your consultation with Beason Mediation today.

Why Mediation Is Effective In Resolving Business Disputes

At its most basic level, mediation is the process of bringing together opposing parties in order to promote reconciliation, settlement, or compromise. This increasingly popular alternative dispute resolution method is an excellent choice for business owners who wish to resolve issues outside of arbitration or a traditional jury or bench trial.

A mediator tries to understand both sides of an argument while identifying the needs and interests of each party, as well as assisting the parties in developing workable solutions that are acceptable to both. Mediation can help create innovative, custom-written, and mutually agreed-upon solutions that are legally enforceable in the end.

The Advantages Of Mediation For Business Conflict Resolution

Here are just a few of the numerous advantages of business conflict resolution through mediation:

Increased control over the outcome – Mediation, by definition, results in a settlement that is beneficial to both parties. Unlike a judgment or a jury verdict, mediation allows people involved in an issue, whether it is during or before a lawsuit, to have control over the ultimate solution.

Lower cost and more efficient process – In comparison to taking a case through trial and appeal, mediation is generally less expensive. Mediation sessions usually last no longer than a day, as opposed to extended trials that may result in significantly higher expenses and the mediator’s fee is frequently distributed among the various parties involved in the conflict.

Preservation of relationships – Mediation can help promote cooperation and friendliness between parties instead of animosity, by working together to come up with solutions that satisfy both sides rather than adopting an adversarial perspective.

Closure – The psychological weight of a lawsuit can have negative consequences on the people involved. Achieving emotional closure is often key for these individuals, and it’s something that mediation excels at delivering. This type of resolution also comes about much faster than going to trial or pursuing an appeal would, without putting everyone through the same exhausting legal process again.

Confidentiality – In mediation, parties may communicate openly and directly with one other, without the proceedings being a matter of public record. In general, what is said in mediation stays between the participants and mediator. When privacy is an issue, this promise of confidentiality can be beneficial in a range of commercial disputes.

However, mediation is not for everyone. It requires a building of trust between the parties and the mediator, as well as between each other; it also requires compromise. Individuals who are not willing to trust the process–and each other–or who refuse to compromise on a position are usually not strong candidates for a successful mediation.

Mediation requires building trust between two parties along with the mediator themselves in order to find a resolution build upon compromise. If one party is not willing to trust the process or refuses to compromise on a position they typically will not be a strong candidate for a successful mediation, however, that’s where an experienced mediator comes in.

Beason Mediation has a proven track record and the experience necessary to perform successful mediations even if a party involved may begin the mediation with unrealistic expectations. Do you have a business dispute that mediation could help resolve? Call (941) 979-9010 or complete our online contact form to schedule your consultation with Beason Mediation today.