While no one enjoys the prospect of going to court to settle a legal issue, it can be especially harrowing for business owners, for whom the time and expense of a lawsuit can be significantly damaging to their companies. Fortunately, mediation offers a relatively low cost and less formal alternative for conflict resolution that businesses like yours may be able to take advantage of. Here are five types of business disputes that you can potentially resolve through mediation:
- Contract disputes
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- One of the most common forms of issues that comes up in business mediation is disputes over contracts between different companies. This can potentially include arguments over the exact terms of a contract, disputes arising from one side failing to keep their end of the agreement, or any other issues that may arise from a business contract. Mediation can help these companies come to an amicable resolution without needing to resort to litigation.
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- Interpersonal problems
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- On a smaller scale, mediation is also good for helping to resolve interpersonal problems between different people inside the same organization. These types of business disputes may not be rooted in anything related to the law, but instead come out of the kinds of ordinary relationship issues that happen whenever large groups of people work together in the same business environment. Mediation can provide a ready solution for these types of disputes, which can be detrimental to your business without necessarily arising to the level of legal action.
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- Employment disputes
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- Employees may get into arguments with their employers over the terms of their employment. Sometimes this may arise over issues like compensation, benefits, or job requirements, but they can also arise over pay raises and promotions. Likewise, disputes may arise when an employee is terminated or faces pay cuts, potentially resulting in issues requiring mediation.
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- Disputes between partners
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- Just because you co-own a business with someone else does not mean you will always be on the same page as them. In many cases, business disputes may involve two or more business partners who argue over the desired direction of the company, or over certain major business decisions. Mediation can help to smooth out these problems without the need to involve lawyers or the courts.
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- Real estate disputes
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- If you are just starting a business, or looking to expand it to new locations, there is a decent chance that you will need to deal with real estate issues. These may include arguments with a property’s current owner, or problems with developing or renovating a property. In such cases, a mediator may be able to help diffuse potential problems so you can focus on what really matters for your business.
If you have an employment issue, give the Law Office of Andrew Ross Sack a call. Andrew Ross Sack is a New York and New Jersey employment lawyer who has considerable experience in handling the many aspects of labor and employment law. To schedule a consultation with New York City/Long Island/Westchester employment lawyer Andrew Ross Sack, call (516) 526-3319 or visit his contact page.