No matter how big or small a business is, it is likely that they have procedures involved to help everyone avoid going through litigation. Going through the Ohio courts is not just expensive, but it can also take weeks or sometimes months to resolve. So, what are your options? The best course of action is to go through mediation. Read on to learn more about these two business dispute tactics.
How exactly does mediation work?
One of the best things about going through the mediation process is that it provides both parties with a flexibility that isn’t often found within a courtroom. Business disputes can be very complex, with many forms of evidence presented during the process. With the help of a neutral party, mediation allows everyone to be able to present any concerns or pieces of evidence without having to go through various channels.
What are the benefits of going through mediation?
Mediation is such a beneficial option that companies will often implement this process into their emergency plans. Besides being able to avoid litigation, mediation provides a higher chance that the two parties in dispute will keep the company together or at least not remove themselves entirely from the business’s day-to-day operations.
In addition, mediation remains private and confidential. The law states that any courtroom case records must be made public, which is something a business may not want to put out in fear of losing vendors or potential clients.
Although mediation is a great process and one that often remains confidential, it should still be treated very seriously. Thus, it is important to consult with an attorney throughout the mediation process as a means of ensuring that you protect your rights.