Business Mediation is a process between conflicting sides over the interpretation of an agreement, be it a sales agreement, a distribution agreement, an agency agreement, a real-estate agreement, a consulting agreement, an investment agreement, a joint venture, partnership or other type of agreement.
Mediation is suited for business disagreements with service providers, clients, distributors, manufacturers, sellers or buyers, whether over payment of fees, the terms of a partnership, franchise or other type of commercial agreement.
The mediator is a neutral third party aiding the sides to end their conflict in a “win-win” manner.
When the sides are ready to reach an agreement, the process is led by the mediator using discretion and experience.
The mediator assists in the drafting of the agreement. Should the sides wish, the agreement is then presented to the court to be officially recognized as a verdict.
The mediation is not only a discrete process between the sides and the mediator, but also advantageous over an exposed court procedure.
Mediation Advantages Over Litigation in Court:
Labor Law Mediation
Mediation is well suited to resolving labor conflicts since employer and employee have usually had a long-term relationship. Labor law conflicts can exist between a few employees in the same work place. The relationship between an employer and an employee is important both while they work together and when they separate.
Labor law conflicts are those dealing with termination of the labor relationship such as the firing of an employee, breach of contract and compensation.
Advantages of the Mediation Process Over a Court Procedure:
Mediation in Real Estate/Property
Mediation is well suited to resolving property conflicts between various people connected to a real estate deal, such as agents, owners, renters, workers and contractors, buyers, sellers and others.
– Conflicts between neighbors.
– Conflicts between a landlord (owner) and workmen.
– Conflicts between real estate agents.
– Conflicts between a real estate agent and a landlord or a client.
– Conflicts between a buyer and a contractor.
– Conflicts between a house committee and the neighbors in the building.