When settlement by informal negotiation fails to lead to a solution, mediation is a time and cost-effective method of dispute resolution that allows a settlement to be reached without the time and expense involved with litigation. The process uses a neutral third party who guides the mediation process with the aim of facilitating a non-adversarial agreement between the two parties.
Mediation is the most flexible means of working through contentious issues, and parties are in total control of the whole process under the guidance of the mediator. Once agreement has been reached, a legal binding court order is signed that stays proceedings so long as each party respects the terms of the agreement.
Parties can select their own mediator and venue and the success rates of achieving a mutually acceptable solution can be as high as 90%.
LYVE mediators assist in facilitating resolution of the most intractable disagreements. Our multinational team is at your disposal to assist in resolving issues to allow the smooth continuance of your operation.