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Mediation may be useful in many types of business disputes

Proper planning with the assistance of a lawyer can help business matters run more smoothly than they otherwise would. When business disputes do arise, there are a variety of approaches that might be taken to resolve them. Because it is in the best interest of many businesses to preserve relationships with the entity involved in a dispute, in many cases mediation is an effective resolution tool. The formal mediation process can help keep those involved in a business dispute, moving toward a solution. In addition, a neutral third party can help participants navigate difficult conversations.

There are multiple situations in which a business dispute might arise in the state of Pennsylvania. The first is when the partners to a business disagree about something. These disagreements could arise because expectations were not discussed prior to starting the business. In other situations business succession or other issues involving family members could threaten a business.

Sometimes the disputes a business faces involve third parties that are vital to a business staying afloat. Other times, employees are involved in the matter. While there are steps that may be taken throughout the life of a business to try to prevent these issues from occurring, when they are not effective, mediation may be turned to.

In addition to preserving relationships, there are other reasons that mediation could be a good way to go when a business is involved in a dispute that it needs to resolve. This includes the relatively low cost associated with the process as compared to litigating the case in a courtroom.

Source: Mediate.com, “You Can Avoid Disputes in Business Relationships,” Joanna Wares, April 2014

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