Alternative Dispute ResolutionOur dispute resolution team explores, both at the outset and throughout the retainer, whether there are viable alternatives to litigation and arbitration, such as negotiation, conciliation, mediation, adjudication. Services provided by insurance companies, banks and building societies are all covered by the Financial Ombudsman Service (FOS). Our dispute resolution team is acutely conscious of the direct and indirect cost of all forms of dispute resolution, the need in your interest to find the most cost-effective method of dealing with the dispute, and the benefit of preserving commercial relations as far as possible. Mediation, which aims to conclude disputes in a mutually advantageous manner, has over the last decade proved to be a hugely popular method of managing commercial disputes because of the opportunities it brings to control commercial disputes, influence outcomes more positively and manage risk more effectively. Few businesses fail to be convinced of a process that can incur in total what a single day's representation in court would cost. Mediation, which is confidential, can be faster, cheaper, more proactive and more controllable than litigation or arbitration proceedings. Through innovative solutions, which do not necessarily involve parting with hard cash, and mediation techniques it is possible to resolve seemingly opposing commercial goals and preserve long term business relationships. Mediation is suited to resolving cross border disputes where parties find themselves subject to the law of unfamiliar jurisdictions. You should seek advice on the inclusion of mediation clauses when negotiating contracts and to see if a dispute or potential dispute is suitable for mediation. Mariel Monk is a Centre for Effective Dispute Resolution (CEDR) Accredited Mediator. |
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