Mediation – Dispute
Resolution
|
The Answer to the High
Cost of Litigation
What do the corporate counsel at Johnson & Johnson, Sony,
The New York Stock Exchange, Pfizer, Coca Cola and hundreds
of other companies have in common? They all support alternative
dispute resolutions as they way to reduce risk, control costs,
save time and preserve business relationships.
The reality is that business disputes do not have to result
in costly and uncertain litigations that generates expensive
legal bills, consumes management time, disrupts or destroys
business relationships and distracts top management from the
real work of running the business. The majority of disputes
can be settled through negociation, mediation or arbitration.
These ADR practices has proven that they save time and money.
Powerful forces are increasing the use of ADR. More than
63 of the 94 district courts and almost all the circuit courts
have mediation programs.
- 97% of corporate executives favor ADR
- 56% of federal judges favor court use of ADR
- 55% of ABA litigators commonly advise clients about ADR
The ADR landscape is constantly changing. We are affected
by court decisions, legislation and new regulations. You owe
it to yourself and your company to take a look at ADR. |
