Tag: kenneth strongman

  • The Role of a Commercial Mediator

    The Role of a Commercial Mediator

    commercial mediator
    Commercial Mediator – pexels-khwanchai-phanthong-4175023.jpg

    In today’s business world, disputes and conflicts are a common occurrence. When parties in a commercial dispute cannot find a resolution on their own, they often turn to a commercial mediator for assistance such Ken Strongman. As a commercial mediator he is a neutral third party who facilitates communication and negotiation between the parties to help them reach a mutually acceptable agreement. This blog post will discuss the role of a commercial mediator and how they can benefit your business.

    The Role of a Commercial Mediator

    The role of a commercial mediator is to help parties in a dispute reach a resolution that is mutually acceptable. The mediator does not take sides or make decisions for the parties. Instead, they facilitate communication and negotiation between the parties to help them find common ground. A commercial mediator’s role is to listen to both parties’ concerns and guide them towards finding a solution that meets their needs.

    Benefits of Using a Commercial Mediator

    Using a commercial mediator has many benefits for businesses. Here are a few:

    Saves Time and Money

    Commercial mediation is typically less expensive and time-consuming than going to court. Mediation can be scheduled at a time that is convenient for all parties involved, and it is often resolved within a few sessions.

    Preserves Relationships

    Mediation can help preserve business relationships that might otherwise be destroyed by the dispute. Since mediation focuses on finding a mutually acceptable solution, it is often easier for parties to continue working together after the dispute is resolved.

    Confidentiality

     Mediation is a private process, and the parties can agree to keep the details of the dispute confidential. This can be particularly important for businesses that want to avoid negative publicity or damage to their reputation. Confidentiality is enforced by law.

    Control

    Parties in mediation have more control over the outcome than they would in court. In mediation, the parties have the power to craft a solution that meets their unique needs and interests.

    Conclusion

    Commercial mediation is a valuable tool for businesses that are involved in a dispute. My role as a commercial mediator is to help parties communicate and negotiate in a way that leads to a mutually acceptable solution. By using a commercial mediator, such as myself, businesses can save time and money, preserve relationships, maintain confidentiality, and retain control over the outcome. If your business is involved in a dispute, consider using a commercial mediator like Ken Strongman, to help you find a resolution.

    About the Author: Ken Strongman (www.kpstrongman.com) is a private commercial mediator/arbitrator of complex, high risk litigated cases since 2004. Disputes addressed include business, securities, construction defects, real estate, intellectual property, employment, environment, energy, and trusts & estates. He is also a Mediator and Arbitrator for FINRA and president of The Mediation Society.

    #ADR #mediators #mediation #conflict #lawsuit #construction #construction #legal #alternativedisputeresolution #negociation #dispute #finra #themediationsociety

    © 2024 Ken Strongman. All Rights Reserved. Please do not copy or repost without permission.

  • Unveiling Conflict Resolution: Understanding Essential Needs

    Unveiling Conflict Resolution: Understanding Essential Needs

    In the realm of conflicts, one crucial element reigns supreme: needs. Picture conflicts as intricate recipes—needs, perceptions, power dynamics, values, and emotions form the quintessential ingredients. Yet, amidst this complex concoction, needs stand as the foundational component, driving the essence of every conflict scenario.

    Needs are fundamental physical requisites that underpin our well-being. When these necessities clash, conflicts emerge, whether it’s the disregard for others’ needs, neglecting our own, or overlooking group requirements. It’s pivotal not to conflate needs with desires; while desires are aspirations, needs are vital for survival.

    As conflicts reach their boiling points, needs often get obscured by the other conflict ingredients, becoming lost or buried. Hence, investing time to identify these needs becomes paramount, serving as a crucial step in conflict resolution.

    Navigating conflicts demands a keen understanding of their underlying needs. As a seasoned mediator, Ken Strongman specializes in unraveling these complexities. Are you ready to unlock the pathway to resolution? Reach out to Ken Strongman today, and take the first step towards transformative conflict resolution. Your journey to harmonious resolutions begins now!

    About the Author: Ken Strongman (www.kpstrongman.com) is a private commercial mediator/arbitrator of complex, high risk litigated cases since 2004. Disputes addressed include business, securities, construction defects, real estate, intellectual property, employment, environment, energy, and trusts & estates. He is also a Mediator and Arbitrator for FINRA and president of The Mediation Society.

    #ADR #mediators #mediation #conflict #lawsuit #construction #construction #legal #alternativedisputeresolution #negociation #dispute #finra #themediationsociety

    © 2024 Ken Strongman. All Rights Reserved. Please do not copy or repost without permission.

  • Master the Dance of Conflict Resolution: Take Action Today!

    Master the Dance of Conflict Resolution: Take Action Today!

    Conflict is Everywhere

    Conflicts are an undeniable part of human existence, weaving their intricate threads through the tapestry of our lives. Yet, have you ever wondered why conflicts seem to have a recurring cast of characters, like the timeless ingredients in a beloved recipe? In the world of conflicts, needs, perceptions, power, values, and emotions dance together, creating a choreography that’s both complex and captivating. Join me on this journey as we uncover the secrets of these conflict ingredients. Discover how understanding them can bring resolution to your disputes, restore harmony, and transform discord into an opportunity for growth.

    All conflicts share similar ingredients. These ingredients may vary in quantity, but most conflicts involve them in some way.

    Needs – We have physical requirements essential to our well-being, and conflicts arise when we ignore others’ needs, our own needs, or the group’s needs. It is important not to confuse needs with desires, as desires are things, we would like to have but are not essential.

    Perceptions – Humans interpret reality differently. They perceive differences in the severity, causes, and consequences of problems. Misperceptions or differing perceptions may stem from self-perceptions, others’ perceptions, varying perceptions of situations, and perceptions of threat. How something is framed affects its perception, so in conflict resolution, reframing becomes an important task to reach a solution.

    Power – People’s definition and use of power significantly influence the number and types of conflicts that occur. This also affects how conflict is managed. Conflicts can arise when people attempt to make others change their actions or gain an unfair advantage, as this is a powerful human motivation. Everyone desires to establish or reestablish the perception of control.

    Values – Values are beliefs or principles we deem crucial. Serious conflicts arise when people hold incompatible values or when values are unclear. Conflicts also occur when one party refuses to acknowledge that the other party regards something as a value rather than a preference. To resolve the conflict, clarify each party’s values.

    Feelings and emotions – All people let their feelings and emotions significantly influence how they deal with conflict. Conflicts can also occur because people neglect their own or others’ feelings and emotions, and other conflicts may arise when feelings and emotions differ on a particular issue.

    Are you ready to take the first step toward peaceful resolution? Contact Ken Strongman, our experienced Mediator, and let’s begin the dance of mediation to resolve your conflicts today.

    Ken StrongmanAbout the Author:

    Ken Strongman has years of experience and a growing national reputation as a mediator and arbitrator.  He has successfully resolved more than a thousand disputes in the fields of construction defects, real estate, intellectual property, and employment.  He is also a Mediator and Arbitrator for FINRA and president of The Mediation Society.

    #ADR #mediators #mediation #conflict #lawsuit #construction #construction #legal #alternativedisputeresolution #negociation #dispute #finra #themediationsociety

    © 2024 Ken Strongman. All Rights Reserved. Please do not copy or repost without permission.

  • How To Use Commercial Mediation to Resolve Disputes in Real Estate Transactions

    How To Use Commercial Mediation to Resolve Disputes in Real Estate Transactions

    How To Use Commercial Mediation to Resolve Disputes in Real Estate Transactions – sora-shimazaki-5673488

    Real estate transactions can be complex and involve a lot of different parties, including buyers, sellers, agents, lenders, and more. With so many different people involved, it’s not uncommon for disputes to arise during the transaction process. These disputes can range from disagreements about the purchase price or closing date to more serious issues like breaches of contract or fraud.

    When disputes arise in real estate transactions, it can be tempting to immediately turn to litigation. However, litigation can be costly, time-consuming, and stressful for all parties involved. Fortunately, there is an alternative to litigation: commercial mediation.

    Commercial mediation is a process where a neutral third-party mediator helps the parties in a dispute come to a mutually acceptable resolution. The mediator does not have the power to make a binding decision, but instead works with the parties to help them reach an agreement on their own terms.

    Here are some steps you can take to use commercial mediation to resolve disputes in real estate transactions:

    Choose a mediator

    The first step in using commercial mediation is to choose a mediator. Look for someone, such as myself, who is experienced in real estate disputes and has a reputation for being fair, neutral, and impartial.

    Agree on the terms of mediation

    Before the mediation process can begin, all parties involved must agree to participate in mediation and agree on the terms of the process. This includes deciding on the location, timing, and duration of the mediation, as well as any fees associated with the process.

    Prepare for mediation

    Once the terms of mediation have been agreed upon, all parties involved should prepare for the mediation session. This may include gathering relevant documents and evidence, reviewing any relevant contracts or agreements, and preparing a list of potential solutions to the dispute.

    Participate in mediation

    During the mediation session, the mediator will work with the parties to help them come to a mutually acceptable resolution. This may involve discussing the issues at hand, identifying common ground, and brainstorming potential solutions.

    Reach an agreement

    If the parties are able to reach an agreement during mediation, the terms of the agreement should be put in writing and signed by all parties involved. This agreement will be binding and can be used to resolve the dispute.

    Overall, commercial mediation can be an effective way to resolve disputes in real estate transactions. By choosing a neutral mediator and working together to find a mutually acceptable solution, all parties involved can avoid the stress, cost, and uncertainty of litigation.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA.  

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • The Benefits of Using Commercial Mediation in International Business Disputes

    The Benefits of Using Commercial Mediation in International Business Disputes

    The Benefits of Using Commercial Mediation in International Business Disputes – vlada-karpovich-7433900

    As the world becomes more connected through global trade and commerce, international business disputes are becoming increasingly common. These disputes can arise from a variety of issues, including contractual breaches, intellectual property disputes, and disputes related to the interpretation of laws and regulations. In such cases, commercial mediation can be an effective way to resolve these disputes amicably and efficiently.

    Commercial mediation involves the use of an independent third party, known as a mediator, to facilitate negotiations between the parties in dispute. The mediator’s role is to help the parties communicate effectively, identify the issues in dispute, and explore possible solutions to resolve the dispute. Unlike litigation or arbitration, which are often time-consuming and expensive, commercial mediation is typically faster, less formal, and less expensive.

    Retain Control

    One of the primary benefits of commercial mediation in international business disputes is that it allows the parties to retain control over the outcome of the dispute. Unlike litigation or arbitration, where a judge or arbitrator makes a binding decision, the parties in mediation have the freedom to negotiate and come up with a solution that works for them. This can be especially important in international disputes, where cultural and legal differences may make it difficult to find a solution that works for both parties.

    Confidential

    Another benefit of commercial mediation is that it is confidential. This means that the discussions and negotiations that take place during the mediation process are kept private, which can help to preserve the parties’ business relationships. In contrast, litigation and arbitration proceedings are generally open to the public, which can lead to negative publicity and damage to a company’s reputation.

    Cost-effective

    Commercial mediation can also be more cost-effective than other forms of dispute resolution. The costs associated with litigation and arbitration can be significant, including legal fees, court costs, and expert witness fees. In contrast, the costs associated with mediation are typically lower, as there are no formal procedures or court fees to pay.

    Finally, commercial mediation can be a faster and more efficient way to resolve disputes. Litigation and arbitration proceedings can take months or even years to resolve, while a mediation process can often be completed in a matter of weeks or months. This can be especially important in international disputes, where time is often of the essence.

    Therefore, commercial mediation can be an effective way to resolve international business disputes. It allows the parties to retain control over the outcome of the dispute, is confidential, cost-effective, and can be completed quickly and efficiently. As businesses continue to expand their global reach, the use of commercial mediation is likely to become even more important in resolving international disputes.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA.

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • Differences Between  Mediation & Arbitration

    Differences Between Mediation & Arbitration

    The Differences Between Mediation and Arbitration – yan-krukov-7640796

    Alternative dispute resolution (ADR) methods such as commercial mediation and arbitration have become increasingly popular in recent years. While these two approaches share similarities, they also have significant differences, each with its own set of advantages and disadvantages. In this blog post, we will explore the differences between commercial mediation and arbitration.

    Mediation

    Commercial mediation is a voluntary and confidential process that involves a neutral third party, known as a mediator, who helps parties negotiate and reach a mutually acceptable solution to their dispute. Mediation is an informal process that does not involve strict rules of evidence or procedure. It can be used in various commercial disputes, including contractual, employment, and shareholder disputes. One significant benefit of mediation is its flexibility, as parties can agree on the mediator’s qualifications, location, and time frame for sessions. Additionally, mediation is generally less expensive and quicker than arbitration or litigation.

    Arbitration

    Arbitration is a more formal process that involves a neutral third party, known as an arbitrator, who renders a binding decision on both parties. Arbitration can be used in various commercial disputes, including contractual, construction, and intellectual property disputes. Unlike mediation, the arbitrator’s decision is final and enforceable, and the process is governed by strict rules of evidence and procedure. However, arbitration also offers greater flexibility than litigation, as parties can agree on the arbitrator’s qualifications, location, and time frame for proceedings. Additionally, the rules of evidence and procedure are generally less formal than those in litigation, making arbitration a more accessible and efficient process.

    In conclusion, both commercial mediation and arbitration are valuable ADR methods in resolving commercial disputes. Mediation is a more informal and flexible process that relies on parties’ agreement to reach a mutually acceptable solution. In contrast, arbitration is a more formal and binding process that involves a neutral third party’s decision. Ultimately, the choice between mediation and arbitration depends on the nature of the dispute and the parties’ goals and preferences. By understanding the differences between these two approaches, parties can make informed decisions when selecting an ADR method to resolve their commercial disputes.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • How To Negotiate Effectively in Mediation

    How To Negotiate Effectively in Commercial Mediation

    Commercial mediation is an effective method to resolve disputes in business. It involves a neutral third-party mediator who helps parties find a mutually acceptable solution to their dispute. However, successful commercial mediation depends on effective negotiation skills. Here are some tips on how to negotiate effectively in commercial mediation:

    Understand your goals and objectives

    Before entering into commercial mediation, you should have a clear understanding of your goals and objectives. What do you hope to achieve through the mediation process? This could be a settlement, an agreement to work together, or even just a better understanding of the other party’s position. Understanding your goals and objectives will help you focus your negotiation strategy and communicate your needs effectively.

    Prepare your case

    In commercial mediation, preparation is key. You should gather all relevant information and documentation related to your case. This includes any contracts, correspondence, or evidence that supports your position. You should also review your case and identify any strengths and weaknesses. This will help you anticipate the other party’s arguments and prepare counter-arguments.

    Listen actively

    Active listening is a critical component of effective negotiation in commercial mediation. You should listen carefully to the other party’s position and try to understand their perspective. This will help you identify areas of common ground and potential solutions. It is also important to acknowledge the other party’s feelings and concerns, as this can help build rapport and trust.

    Communicate clearly and assertively

    Communication is key in commercial mediation. You should communicate your needs and objectives clearly and assertively. This means being confident in expressing your position, while also being open to the other party’s perspective. It is important to avoid getting defensive or emotional, as this can undermine the negotiation process.

    Explore creative solutions

    Commercial mediation offers a unique opportunity to explore creative solutions to disputes. You should be open to exploring different options and brainstorming potential solutions. This may involve compromising on some issues, but it can ultimately lead to a more satisfactory outcome for both parties.

    Be willing to compromise

    Compromise is an essential component of successful negotiation in commercial mediation. You should be willing to make concessions and find common ground with the other party. This may involve giving up some of your demands in order to reach a mutually acceptable solution.

    In conclusion, effective negotiation skills are essential for successful commercial mediation. By understanding your goals and objectives, preparing your case, listening actively, communicating clearly and assertively, exploring creative solutions, and being willing to compromise, you can increase your chances of reaching a satisfactory resolution to your dispute.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA.  

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • Potential Outcomes of a  Mediation Session

    Potential Outcomes of a Mediation Session

    The Potential Outcomes of a Commercial Mediation Session – pexels-yan-krukov-7793988

    When parties find themselves in a commercial dispute, they often look to mediation as a means of resolving the issue without going to court. Mediation is a process where a neutral third party, the mediator, helps the parties negotiate and reach a mutually agreeable settlement.

    A successful mediation session can lead to a number of potential outcomes, including:

    Settlement Agreement

    The most common outcome of a successful mediation session is a settlement agreement. This is a written agreement that outlines the terms of the settlement reached by the parties. The settlement agreement is usually binding and enforceable, meaning that if one party fails to comply with the terms of the agreement, the other party can take legal action to enforce it.

    Improved Relationship between the parties

     Mediation is a collaborative process, and as such, it can help improve the relationship between the parties. The mediator works to facilitate communication and understanding between the parties, which can lead to a better working relationship moving forward.

    Cost Savings

    Mediation is often a more cost-effective alternative to going to court. The parties only pay for the mediator’s time, whereas going to court can involve substantial legal fees and expenses.

    Time Savings

    Mediation is typically a much faster process than going to court. The parties can usually schedule a mediation session within a few weeks, whereas going to court can take months or even years.

    Confidentiality

    Mediation is a confidential process, which means that the discussions and information exchanged during the session cannot be used in court. This can be particularly beneficial for parties who want to avoid negative publicity or protect sensitive information.

    Creativity

    Mediation allows parties to come up with creative solutions to their dispute. The mediator can help the parties think outside the box and explore alternative options that may not be available in a court setting.

    Of course, not all mediation sessions are successful. In some cases, the parties are unable to reach a settlement agreement, and they may need to pursue other options, such as going to court. However, even in these cases, the parties may still benefit from the process. Mediation can help them better understand each other’s positions and identify areas of agreement and disagreement, which can be helpful in resolving the dispute in the future.

    Therefore, mediation can be a highly effective way to resolve commercial disputes. A successful mediation session can lead to a settlement agreement, improved relationships between the parties, cost and time savings, confidentiality, creativity, and other benefits. Even in cases where the parties are unable to reach a settlement agreement, mediation can still be a valuable process that helps them better understand each other’s perspectives and lays the groundwork for future resolution.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA.

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • Understanding The Different Styles of Commercial Mediation

    Understanding The Different Styles of Commercial Mediation

    Understanding The Different Styles of Commercial Mediation – pexels-artem-podrez-8518720

    Commercial mediation is a highly effective means of resolving disputes in the business world, offering a process where a neutral third-party mediator helps the parties reach a mutually beneficial resolution. Not only does mediation save time and money compared to traditional court systems, but it also offers different styles of mediation to suit various needs.

    Facilitative Mediation

    Facilitative Mediation is a popular style of commercial mediation. The mediator serves as a facilitator, guiding parties toward a mutually beneficial resolution by fostering effective communication and encouraging both sides to find a solution that works for everyone. This style is ideal when the parties desire to maintain a good relationship after the dispute has been resolved.

    Evaluative Mediation

    Evaluative Mediation is another style of commercial mediation, wherein the mediator assesses the strengths and weaknesses of each party’s position and offers an opinion on what the outcome might be if the case went to court. This style is useful when parties want to gauge what a judge or jury might decide.

    Transformative Mediation

    Transformative Mediation focuses on improving the relationship between parties. The mediator works with parties to understand each other’s perspectives, find common ground, and achieve a positive outcome that strengthens their relationship. This style is ideal when parties want to maintain a good relationship after resolving the dispute.

    Narrative Mediation

    Narrative Mediation is a style that centers around the stories the parties tell about their dispute. The mediator helps the parties understand how their stories contributed to the dispute and encourages them to create new, more positive narratives about the future. This style is useful when parties want to shift the way they think about the dispute and move forward positively.

    In conclusion, when it comes to commercial mediation, it’s crucial to understand the different styles available to select the best one for your needs. A good mediator like myself will use all of these styles as needed by the parties and the dispute:

    • Facilitative mediation is ideal for maintaining good relationships;
    • Evaluative mediation is useful for getting an idea of a court’s decision;
    • Transformative mediation is perfect for improving relationships and;
    • Narrative mediation is effective for shifting mindsets.

    Thereby the parties can achieve the best possible outcome for their dispute.

    To contact me to help negotiate a resolution to your commercial dispute see my website. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.

  • Importance of Confidentiality in Mediation

    Importance of Confidentiality in Mediation

    The Importance of Confidentiality in Commercial Mediation – pexels-vlada-karpovich-7434014

    Confidentiality plays a crucial role in commercial mediation, a process where parties aim to resolve disputes outside of court or tribunal settings. It offers several benefits over traditional litigation, including cost savings, speed, flexibility, and greater control over the outcome. However, confidentiality is perhaps the most significant advantage and is crucial to maintaining trust between parties.

    Non-disclosure

    Confidentiality in commercial mediation refers to the non-disclosure of any information shared during the mediation process to anyone outside of the mediation, including in court or other proceedings. Mediators have a responsibility to ensure that the mediation is conducted confidentially. Parties typically sign a confidentiality agreement at the outset of the mediation, which outlines the terms of the confidentiality obligation.

    Concerns and Interests

    The importance of confidentiality in commercial mediation cannot be overstated. It allows parties to express their concerns and interests openly and without fear of the information being used against them in the future. Additionally, it encourages parties to be more creative in their solutions since they can explore options without worrying about competitors or other stakeholders knowing about their business strategies or vulnerabilities.

    Promotes Trust

    Confidentiality also promotes trust between parties. If one party believes that the other party will use the information gained during the mediation against them in the future, they are less likely to be candid in their communications. A lack of trust can hinder the mediation process and make it challenging to reach a mutually satisfactory outcome.

    Safeguards Reputation

    Another advantage of confidentiality is that it safeguards parties’ reputation. In commercial disputes, reputational damage can be as damaging as financial losses. Confidentiality ensures that the details of the dispute are not made public, protecting the parties’ image and standing in the business community.

    Settles disputes

    Moreover, confidentiality encourages parties to settle their disputes rather than resorting to litigation. In litigation, information presented in court becomes a matter of public record, and the parties’ reputations can be irrevocably damaged. Confidentiality in mediation enables parties to avoid this outcome and find a solution that works for them without the risk of public scrutiny.

    Finally, confidentiality is critical in commercial mediation. It promotes open and honest communication, builds trust, protects reputation, and prevents risks associated with litigation. Parties may be hesitant to engage in mediation without confidentiality, resulting in longer, more expensive, and more damaging disputes. Therefore, mediators must ensure that the mediation process is confidential, and parties should respect and understand the terms of the confidentiality agreement.

    For an experienced Mediator to help negotiate a resolution to your commercial dispute contact Ken Strongman. Here.

    About the Author: As a professional Mediator and Arbitrator since 2004 Ken Strongman has years of experience and has successfully resolved disputes in the fields of Business/Commercial, Securities, Estates/Probate/Trusts, Real Estate, Intellectual Property, Construction Defects, Construction Contracts, Employment, and Environment. He is also a Mediator and Arbitrator for FINRA.

    © 2023 Ken Strongman. All Rights Reserved. Please do not copy or re-post without permission.