SERVICES
Frequently Asked Questions
What is business mediation?
It is a voluntary, confidential, and flexible mechanism through which an impartial third party helps parties resolve their disputes without resorting to judicial or arbitration proceedings. It promotes sustainable solutions and preserves business relationships.
How is mediation different from arbitration or litigation?
In mediation, the parties retain control over the outcome: they decide whether to reach an agreement. In arbitration or a trial, an outside authority imposes a decision. Mediation tends to be more flexible, faster, and less expensive.
When should I consider business mediation?
When seeking a quick, less formal solution that preserves business relationships, reduces costs, and maintains privacy, or when the parties want to avoid the wear and tear of litigation.
How confidential is the mediation process?
Highly confidential. Everything discussed during mediation is kept private and is not recorded for judicial use, unless the parties decide to formalize a legal agreement. The parties sign confidentiality agreements before the mediation begins.