Every now and then, business owners in Georgia and elsewhere encounter problems that may require legal assistance in order to resolve. Filing legal actions is sometimes the best way to address such problems. However, there are also times when alternatives to business litigation may be the better route.
Going to court can be a messy and fairly expensive affair. While sometimes necessary, it is understandable that business owners would want to know all of their options before going that far. Alternative dispute resolution may offer just what company owners need to resolve problems without having to go to court.
There are various forms of alternative dispute resolution. One in particular that may work well for business owners is mediation. In short, mediation is assisted negotiations. Each party will meet with a neutral third party and try to work out an agreement. Depending on the complexity of the issue at hand, mediation can be completed successfully in a fairly short amount of time, but it may take a while to come to agreeable terms or it may fail to produce desirable results — it will be a different experience for everyone.
When using alternatives to business litigation, it does not mean that one has to go it alone — so to speak. Business owners are still entitled to retain counsel to help them resolve their legal issues. With the assistance of an experienced business attorney, company owners in Georgia can pursue those actions that will best protect their businesses from any undue harm, whether that be taking an alternative or more traditional route.
Source: FindLaw, “Alternative Dispute Resolution (ADR): Overview“, Accessed on May 4, 2017