Contracts are complex documents designed to help all applicable parties understand what is expected, time constraints, and privacy information. Well-executed contracts also include verbiage regarding the management of disputes if such should occur. Managing complex contract disputes does not have to be a lengthy, expensive, and exhausting process. Florida law allows parties to a contract the ability to choose alternative dispute resolution (ADR) options, such as mediation, to resolve conflict in a consensual manner. Mediation is a sensible means for resolving contract disputes that often results in a win-win situation for both parties.
By working together, mediators and attorneys are often successful in obtaining a resolution that is suitable to all parties involved. The role of attorneys in the mediation process is a mutually beneficial relationship that ensures that both parties to a dispute manage resolution in accordance with applicable laws. Many attorneys also find that mediation creates a positive, controlled environment to settle disputes between parties or opposing counsel who are unreasonable.
Resolving contract disputes through mediation also takes significantly less time than litigation. Another reason why mediation is a sensible alternative to litigation is that it often results in less fees and outstanding balances upon resolution. Therefore, clients are able to afford applicable fees, and attorneys are less likely to lose income from unpaid invoices. In short, mediation offers attorneys peace of mind that they and their clients will find suitable resolution in a timely and cost-effective manner.
