Using Contract Mediation in New York to Help Your Business

If you are a business owner or a consumer, you know that contract disputes pop up from time to time. Unfortunately, these disagreements may potentially grow into major disputes, possibly causing harm to your business’ reputation and profitability or denying you the benefit of your bargain. However, contract mediation in New York is available to quickly and privately resolve these disputes. During contract mediation in New York, a mediator will help the parties negotiate terms to an agreement that resolves their dispute.

One of the greatest benefits of contract mediation is its privacy. As opposed to a trial that stems from a contract dispute, mediation is confidential. During mediation, only the parties, their attorneys, and the mediator are present. There are no court reporters, no spectators, and no judges. Often, the parties are kept in separate rooms so that the mediator may discuss the case privately with them. Therefore, you do not have to worry about making statements in front of the other party that may inflame the situation.

Additionally, anything you tell the mediator will remain confidential, unless you give the mediator express permission to disclose the statements. Mediators may not be called to testify in trials in cases they have mediated, so you can rest assured that your statements will remain private. Further, settlement negotiations may not be used by one party against another in court, so even if the case does not settle, the opposing party will not be able to use these statements against you.