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Employment Law Blog

Thursday, October 16, 2008

To save time and money, mediate, don’t litigate

When clients are facing difficult financial conditions, attorneys should help them conduct a cost-benefit analysis of whether to continue to litigate. According to a recent study by DecisionSet, a consulting firm that advises clients on litigation decisions (New York Times 8/8/2008), it only made economic sense to go to trial in 15% of the cases. Mediation, a dispute resolution process conducted by a neutral third party, results in successful settlement in generally 80% of litigated matters. With the volatility in the stock market, and bleak economic conditions faced by many businesses, lawyers and clients should seriously consider use of mediation to resolve disputes without litigation.

Posted by Patrick Della Valle on 10/16 at 01:30 PM
Alternative Dispute Resolution