Companies bring in shareholders when they need capital to start operations or when the company grows enough to Warrant the additional complexity of becoming a publicly traded organization. In either case, the shareholders who help financially support the company have...
Alternative Dispute Resolution
Mediation has psychological and legal benefits
Traditionally, aggressive litigation was perceived as the best possible way to achieve success in a legal dispute. While litigation can be successful in many cases, it does have its downsides: It can be lengthy, costly, and, most of all, stressful. While litigation...
What’s the difference between mediation and arbitration?
When you own and operate a business, at some point you are likely to face a business dispute. Maybe a vendor didn’t provide the quality IT services you hired them to do or a supplier failed to provide the items your business needed to produce your products. Now, you...
The future of alternative dispute resolution
If 2020 proved anything, it proved that the world rapidly changes. As Americans, we learn to adapt to those changes and make the most of our current situations. The same is true for our legal system because we have to adjust to ensure that justice still serves. Due to...
Tips to managing a stable business partnership
Maintaining a proper partnership is important across all areas of your life, especially in your business. Most owners rely on their partners to ensure the company runs smoothly, the financials are up to date and employees are properly managed. However, that reliance...
When is the right time to take a dispute to court
The American economy is growing every day with new industries, new competition and even new technology to create better products for consumers. However, this growing competitive environment will also lead to growing tension between companies as they fight for consumer...
Ways mediation protects relationships
There are many reasons why mediation works well for legal disputes: it's cheaper, less time-consuming and less emotional-draining than a trial. However, one of the largest benefits of mediation is protection over your current relationships. It's a surprising thought,...
How to approach conflict resolution
Most people agree that approaching conflict is a struggle. You have to balance advocating for your opinion while also compromising with the group or person you disagree with. And neither party wants to settle for a compromise that works for no one. The five primary...
What factors to consider while selecting an arbitrator
Arbitration is a popular form of dispute resolution because it allows clients to present evidence, arguments and even conduct testimonies in front of a neutral decision-maker. You don't have to debate a case in front of a jury, and you get an opportunity to present...
What’s the difference between arbitration and mediation?
Most of us are familiar with alternative dispute resolution (ADR). This process of resolving legal conflicts is typically more practical and cost-effective than litigation. It has also been used successfully for hundreds of years. Many people consider ADR when dealing...