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ARTICLE · 22 SEPTEMBER 2016

Mediation Is About Cutting A Business Deal

Mediation is popular with business people and their counsel because it is a low risk process with a remarkably high success rate.

United StatesLitigation, Mediation & Arbitration

Mediation is popular with business people and their counsel because it is a low risk process with a remarkably high success rate. It is far less expensive than trial since it usually takes only a day or two and avoids costly discovery and employee downtime. Even more importantly, mediation allows participants to avoid the risk of going to trial and sometimes offers a chance to preserve business relationships.  Participants appreciate the fact that the process is confidential so that their business problems and intellectual property are shielded and that parties maintain some control of the outcome rather than perhaps live with an adverse judgment.

Some keys to mediation success:

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