Mediation is an informal and confidential way for people to resolve disputes with the help of a neutral mediator who is trained to help people discuss, negotiate, and resolve their differences. Most mediation is voluntary; however, some states require parties to attempt mediation, which is known as “mandatory mediation.”
Courts maintain the authority to hear and decide corporate, partnership, and LLC disputes. However, mediation can reduce expenses by streamlining the litigation process, limiting briefing, and eliminating the use of experts.
A mediator will confront each side with their case’s weaknesses and can help facilitate a solution that each side may accept. The mediation is voluntary, however, meaning that the dispute might not be resolved, and neither party is required to accept the mediator’s suggestions.
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