The use of mediation and arbitration has continued to skyrocket in recent years. These dispute resolution alternatives, while less than perfect, often provide significant advantages over litigation: Mediation avoids a third party deciding your fate, while arbitration can offer a more streamlined and expedited process. A thorough understanding of the advantages and disadvantages of these tools — and how and when to use them effectively — is crucial.
This Foley Executive Briefing Series program offered practical solutions for maximizing the benefits and minimizing the detriments of mediation and arbitration by:
- Illustrating key differences between mediation, arbitration, and litigation
- Focusing on the advantages and disadvantages of each
- Explaining how to navigate each from the perspective of the lawyers, the experts, the mediators, and the arbitrators
- Providing practical guidance to achieving your dispute-resolution goals
These and other issues were addressed in an informal, interactive panel session led by Russell Beck, Foley General Commercial Litigation and Intellectual Property Litigation Partner, David S. Sanders, Foley Business Law Partner, David Hoffman of Boston Law Collaborative, and Peter Resnick of Huron Consulting Group.
For additional information, please contact Wendy Decker at wdecker@foley.com or 617.342.4000.
“Arbitration, Mediation, and Litigation: Which To Use and Why” is part of the Foley Executive Briefing Series.
