Abraham Lincoln may have been the first lawyer to recognize the
pitfalls of litigation but certainly not the last. He noted that: “The
nominal winner is often a real loser — in fees, expenses and waste of
time.”
Fortunately, today’s executives have an alternative way to resolve
disputes that doesn’t put your fate in the hands of a judge or jury.
“Not only is mediation less expensive than litigation, the parties
are in control of the outcome and they can be completely creative in
finding a solution,” says Jennifer E. Acheson, partner and insurance and
bad faith expert at Ropers Majeski Kohn & Bentley PC.
Smart Business spoke with Acheson about the benefits of mediation.
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