Business mediation is a modern method of solving economic disputes that is alternative to the judicial proceedings. It involves the participation of the third impartial person - a mediator who assists in reaching the agreement between the parties.
The key advantages of conducting mediations are:
- high possibility of reaching the permanent agreement since it is worked out by the interested parties themselves,
- reaching the solution that considers the needs and interests of the parties,
- time, energy and cost saving,
- possibility of applying creative solutions,
- maintaining or recreating the good relationship with the client and/or the outside partner,
- avoidance of new disputes that could result from the unsolved disagreement,
- protection of the company’s good name.
Should you consider to take advantage of conducting mediation, please contact us.