Most of us are familiar with divorce mediation, but small businesses should take their cue from international Fortune-100 corporations, which long ago realized the tangible benefits of mediation as an alternative dispute resolution mechanism.
I've been litigating small business disputes for the better part of the last three decades – and always as the last resort.
Litigation is time consuming, expensive, emotionally draining and, even for the "winner", it often has more negatives and costs than benefits.
Mediation is an effective, less costly, faster alternative to litigation of business disputes. It can even often result in the preservation of a valued business relationship.