Business & Contract Mediation
Red Law has represented numerous individuals in business related disputes. Because of this experience, we are in a unique position to help individuals understand the practical consequences of litigation and the benefit of settlement. We understand that different cases warrant different methods. We tailor our mediation services to the concerns of your individual case and will strive to help both sides achieve a fair and just result.
Types of Mediations Red Law Handles
- Ownership Disputes (i.e. disputes over ownership of a business).
- Business Relationships (i.e. partner to partner disagreements).
- All kinds of Contractual Disputes (i.e. Breach of Contract, Fraud).
- Board Member or Shareholder Disputes.
- Lease and Rental Agreements.
- Business to Business disputes.
Benefits of Mediation
- Mediation will save you the cost of litigation. Business and contract disputes can be especially expensive. If you pursue a lawsuit all the way to trial, you will likely spend a minimum of $10,000 in attorney fees. However, a more realistic estimate is probably closer to $25,000 in attorney fees.
- Mediation is a shortcut to settlement. If you file a lawsuit, chances are your case will settle outside of court. Only 95% of civil lawsuits make it to trial. By mediating early in your case, you are saving yourself time, money, and stress.
- Mediation gives you the freedom to craft your own agreement. You are limited in what you can sue another business or another person for. Courts are unable, in many cases, to maintain valuable business relationships, force parties to perform their obligations under a contract, or address the parties underlying concerns. However, in mediation you are able to do all of these things.
- Mediation saves you time and prevents stress. Litigation can be extremely time consuming and stressful. Litigation usually requires the parties to spend time away from their work and family. Successful mediation can resolve your case months, and even years, before a court trial.
- Mediation allows you to control your outcome. In a lawsuit, a judge will ultimately rule on your case and decide your future. This can be a scary situation and present a risk that’s difficult to assess or plan for. The judges decision is binding and in most cases cannot be undone. Mediation, on the other hand, allows you to fully assess the outcome of any given scenario before you agree to it.
- Mediation can preserve your core interests. In many disputes there are concerns that go beyond money. A good mediator will help you effectively deal with your biggest concerns and protect your greatest assets.