OUR APPROACH
Bridge Mediation can assist your organisation, your clients and your suppliers with an opportunity to work together with the assistance of our mediator/facilitator/neutral third party to find a resolution to your business disputes.
Running a business involves interacting with multiple individuals and organisations who make up your supply chain. It is normal for problems to occur from time to time which may lead to ongoing conflict and disputes with any one of these parties. Most disputes can be resolved quickly and effectively through facilitated communications between the decision makers of the involved parties
If you are unable to resolve this conflict and reach an agreement, consider using an appropriate dispute resolution process to enable all the relevant representatives to work together to discuss the problem, explore options to resolve the dispute, and agree on the best solution to restore the working relationships which are critical to the success of your business.
Mediation is a better approach than resorting to costly and time consuming litigation and then have a court make a determination for you.
Benefits of
Using Bridge Mediation
- Our accredited mediators understand business, have experience in dealing with commercial disputes and assisting parties find practical solutions to their problems
- We work with all the parties to tailor the process to meet your needs and actively progress the matter towards a solution
- We first work with the parties to ensure they are appropriately prepared and then schedule the mediation session in a timely manner to enable the parties to resolve their issues efficiently and effectively.
- Legal representation is not required; however, parties may choose to have a legal representative involved throughout the process.
Benefits of
Mediation for Both Parties
- If you can find a solution to solve the conflict/dispute quickly using an efficient dispute resolution service, you will save time and resources.
- Reduces stress within the organisation and all the people impacted by the problem, leading to increased productivity and higher morale without going to court.
- Mediation is confidential so that your reputation and your brands are protected and settlements are not disclosed to the public.
- The parties both determine the solution and the outcomes which will meet their needs
- The total cost of the mediation is shared equally by the parties. You only pay the costs of your legal team. You will not be required to pay any costs of the mediation or the litigation incurred by the other party.
- The critical commercial relationships between the parties are preserved for the future.
business disputes
Mediation Process Model
References
FAQs: Business Dispute Resolution
What Is Mediation In The Context Of Business Dispute Resolution?
Mediation is a facilitative form of alternative dispute resolution where a neutral mediator helps parties involved in a business dispute reach a resolution.
Why Mediation?
Mediation is quicker, less expensive, and more flexible than litigation. It allows both sides to share concerns and find solutions that might not be possible in court. Since the parties decide on the outcome, they are both more likely to be satisfied with the resultant outcome.
Mediation also helps preserve business relationships, especially for small businesses and family enterprises and is effective in resolving business-to-business disputes.
Is Mediation Confidential?
Yes, mediation is private. What’s discussed during the mediation cannot be used as evidence in court unless required by law. Only the final agreement is recorded. This ensures the confidentiality of the dispute and protects the business and family enterprises involved.
What Is The Role Of The Mediator In Business Dispute Resolution?
The mediator helps to facilitate communications and negotiations between the parties. They remain neutral, ensuring fair discussion and guiding the process towards a solution. The mediator sets ground rules, keeps the conversation respectful, and helps maintain a positive relationship between the parties, aiming to mediate a resolution.
What Is The Cost Of The Mediation?
The cost of mediation depends on several factors including time and the nature of the dispute. Bridge Mediation can provide an estimate once we have a high-level understanding of the dispute. Mediation is a low-cost option compared to litigation, helping you resolve the dispute without needing to go to court.
How Do I Prepare For Mediation To Resolve A Business Dispute?
Before participating in mediation you may want to obtain legal advice based on the nature of your dispute. Consider your options and the potential outcomes available to you in mediation. Be readyprepared all your facts to communicate your position, and listen to the other party’s position.
Work with the other party to Identify all your options and consider your best and worst acceptable outcomes. Stay flexible, open-minded, and prepared to make wise decisions. The mediator is available to help the parties prepare for the mediation.
Why Do We Need To Pay In Advance?
Payment in advance by both parties is standard practice for mediations as it enables the mediator to obtain the commitment of both parties to participate in the mediation process. An invoice will be issued prior to the mediation enable payment to be made in accordance with the mediation agreement.
This approach also helps both parties stay invested in reaching a successful and timely resolution, as mediations require the parties to engage with mutual intent and accountability.
