Alternative Dispute Resolution
Dec. 24, 2010
Want Your Mediation to Fail? Read on…
Mediation can be a very effective tool, but steps need to be taken to ensure that the process goes smoothly. By Alexander Polsky of JAMS.
Much has been written advising of various tips to make mediations work. Well, as the economy tightens, it seems we are seeing more actions that cause mediations to fail. Here are a few.
Mediating too early: Early stage mediation is a very effective method to minimize risk, and control transaction costs. However, for these to succeed, it is necessary for the parties to agree that they will mediate on the information possessed, or to e...
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