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Resolving complex business disputes out of court

As a Florida business owner, you will want to do everything possible to protect the interests of your company. You understand it is crucial to protect both its reputation and financial stability, both of which are threatened when a legal dispute arises. A lawsuit or the threat of litigation is costly, stressful and could impact your long-term interests.

If you find yourself in this situation, what's next? How can you protect your company while also fighting back against accusations? While litigation sometimes does end up in court, that is not your only option. It is possible that you could resolve even a complex business dispute through alternate dispute resolution methods, such as mediation. This is often a simpler option, and it can be significantly cheaper than fighting over issues in court. 

Why mediate?

Mediation is a process of resolving a legal dispute with the support and guidance of a neutral third-party mediator. The role of mediator is to encourage negotiation and conversation between the two opposing parties. Many times, this process results in a satisfactory resolution that works for both parties. Some of the benefits of this particular choice include:

  • It's less stressful than litigation.
  • It will cost less money.
  • It gives you more control over the final agreement.
  • It allows you the ability to keep your information and terms confidential.
  • It provides the ability for the two parties to have a future relationship. 

Many businesses find that mediation is the right way to approach a business dispute. If your company is facing an accusation of wrongful action of any kind, you may fear that the legal fees alone will cripple your company. You know you need to fight back, and mediation allows you the opportunity to confront this issue head-on in a practical and effective manner. 

Guidance for the mediation process

Even in the mediation process, you will still find it beneficial to work with an experienced attorney who has your best interests in mind. Having legal representation working on your behalf can ensure that you include the right terms in a final agreement and walk away with your security and stability intact.

One of the first steps you may want to take is to seek an assessment of your case. This evaluation can help you understand the benefits of mediation and why it could be beneficial for your specific business needs. The future of your company could be at stake, but you do not have to fight alone.

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