Parties to a conflict, come together and with the help of a skilled commercial mediator attempt to resolve their differences, to avoid legal or arbitration proceedings.
Commercial mediation is:
- Confidential; and
- Without prejudice to future legal processes.
Commercial mediation preserves business and commercial relationships post the dispute. It is also cost effective and prompt, unlike litigation and arbitration.
In the early stages the parties can explore alternatives to resolve the conflict and identify consequences should negotiations fail.