Mediation: An Ideal ADR Strategy and Policy (Part 3 of a 7-part series)

We have established that conflicts are inevitable. It is therefore expedient to have a plan, a strategy for resolving them in a way that minimizes disruptions, that saves costs, both of money and of time, especially in the latter case, executive time.  It also preserves relationships and reputation, both personal and corporate.  Such a plan…

Dispute Resolution Strategy and Policy (Part 2 of a 7-part series)

As we have noted earlier, conflicts of parties’ respective interests and needs are inevitable during those transactions that fuel a successful business.  They will invariably arise over the inception, interpretation, performance, expectations, or even termination, of the contracts underlying those transactions.  If these conflicts are not properly recognized, addressed, and resolved some way or the…

An Introduction to Mediation (Part 1 of a 7-Part Series)

Relationships are the bedrock of human society.  As humans, we cannot do without relationships.  Relationships are of a wide variety and include: buyer-seller, employer-employee, husband-wife, parent-child, professional-client, service provider-service receiver, importer-exporter, borrower-lender, and friend-friend.  These relationships can be simple or complex.  Whatever the case, they are undergirded mainly by the parties’ respective interests and needs,…