Google Screened

Are You in the Healthcare Field?

Find Out How We Can Help »
[et_social_follow icon_style="slide" icon_shape="rectangle" icons_location="top" col_number="1" outer_color="dark"]
Millions Recovered For Our Clients No Fees Unless We Win

Benefits of Mediation in Shareholder Disputes

November 3rd, 2023
Mediation meeting

Business owners might not be aware of the benefits of mediation in shareholder disputes, but the process can be rewarding. While they are not successful 100 percent of the time, mediation can save considerable time, effort, and money. Keeping an open mind about this is wise because it can prevent your business from entering lengthy, challenging litigation.

Mediation can be effective when disputes over compensation, succession, and work responsibilities arise. Shareholders can also have issues with their suppliers regarding pricing, quality of goods and services, quantity, and timeliness. Another topic that causes disagreements is shareholder derivatives. When these problems cannot be solved in boardrooms or through other means, a neutral, third-party mediator can guide the parties to an acceptable resolution.

Here are three key mediation benefits:

  • It provides a learning experience. Mediation sessions allow parties from both sides to meet face-to-face to see how everything is thinking, and this open communication can give insights into thought processes. You may learn why others are taking hard lines on some topics and be willing to negotiate with others. Mediation can also provide access to information you were unaware of before the meeting.
  • Mediation is typically faster than litigation. Shareholder litigation can take months and years. It can even impact shared values when outside parties become aware of significant disputes.
  • It can be cost-effective. Mediation typically costs much less than litigation because there is less preparation and time spent overall. Lengthy court cases can drain resources from your business – financial and time better spent elsewhere.

There are other benefits to mediation as well. Mediations are private, unlike litigations that take place in court and become public knowledge. Confidential business information like financial details and internal operations are not shared with third parties, so your company’s reputation is not at risk.

Mediation is also more amicable than litigation, which can significantly strain future shareholder activities. In the best-case scenarios, mediation can strengthen long-term relationships for the participants.

Even though the mediator guides the process, it will be flexible and tailored to your situation. Mediators and lawyers share their advice and help the shareholders create practical solutions that might not be offered through litigation. The shareholders contribute to the process and agree on the final decision.

Can a Lawyer Help With Mediation?

An attorney with experience in mediation can help with the process and protect your best interests. Look for lawyers who are open to creative solutions and can clearly explain them. Feel free to consult several attorneys and choose one who is right for you and your business.

Our Philadelphia Shareholder Dispute Attorneys at The Gold Law Firm P.C. Can Explain the Benefits of Mediation

Contact our experienced Philadelphia shareholder dispute attorneys at The Gold Law Firm P.C. for a free consultation, and we will explain the benefits of the mediation process. Complete our online form or call us at 215-569-1999. Located in Philadelphia and Pennsauken, New Jersey, we serve clients in South Jersey and Southeastern Pennsylvania, including Wilkes-Barre, Scranton, Northeast Philadelphia, Bucks County, Chester County, Delaware County, Lehigh County, and Montgomery County.

The Gold Law Firm P.C.
Average rating:  
 0 reviews
View All Practices
2019 American Trail Lawyers badge
Lead Counsel Rated
life time achievement
million dollar advocates badge
AV Peer Review Rated
Philly Happening
Top one badge
Silver Client Champion Award 2020
super lawyers badge

As Seen On

avvo Martindale Justia FindLaw
© 2024 Sidney L. Gold and Associates, P.C. All rights reserved. [ Site Map | Privacy Policy ]

Attorney Advertising Materials. Sidney L. Gold is responsible for the content of this website. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Website Accessibility: Sidney L. Gold & Associates P.C. is committed to ensuring digital accessibility for people with disabilities. We are continually working to improve the accessibility of all content on our website and applying the relevant accessibility standards.

* The awards and accolades displayed on this website were issued to the attorneys, or the entire law firm by the respective providers of these honors. They are as follows, Avvo Inc., Super Lawyers®, Martindale Hubbell Peer Review Rated, ASLA Top 100 Lawyers, Million Dollar Advocates Forum, Legal Leaders Top Rated Lawyers, Bar Register Preeminent Lawyer, Happening List Winner, BBB Accredited Business, National Association of Distinguished Counsel Top 1 Percent, America's Top 100 Attorneys, The Employee Rights Advocacy Institute for law and policy, Best Lawyers, Lead Counsel Rated, Top Employment Lawyers in Philadelphia, Association of American Trial Lawyers Top 100 and Martindale Hubbell Client Champion Silver. No aspect of these advertisements have been approved by the Supreme Court of New Jersey.