A Guide to Mediation for Property Developers

“This article has been produced by an independent contributor and does not reflect the views and opinions of the Immediation team or the brand as a whole.”

Early alternatives to dispute resolution (such as mediation), is good way to start the dispute resolution process in a way that is respectful and conducive to working future business relationships.

Not only that, but it is usually less expensive and causes fewer and shorter project delays in the long term.

 

Why Should You Choose Mediation?

When you agree to mediate, both parties will have the assistance and benefit of a third party (who is always completely neutral). It can be difficult to be unbiased and to see the best course for resolution when you are focused on defending your own position!

A third-party advocate is a fantastic way to get an outcome that is non-biased, fair and has the needs and wants of both parties in mind, from the start.

Additionally, mediation is completely confidential, meaning that discussions can be open and free without worrying about legal repercussions.

The controlled process of a mediation allows both parties plenty of time (and fair opportunities), to discuss the situation, and resolve the dispute in a way that is beneficial to everyone.

 

How to Prepare For Mediation

When you are preparing for mediation, you need to make sure you have all your documents and information ready. You should consider getting advice from your legal team, to ensure you are clear on your position and any possible legal repercussions.

Speaking to someone with experience is the best way to ensure you get the most out of your mediation session and get the best results for everyone involved.

Also make sure you know your priorities! What part of the outcome is fixed for you and what would you be willing to compromise on?

Be prepared for curved balls and be aware that you might not have all the information about the dispute and that there might be information you are not prepared to counter. Try and be as prepared as possible but know this is a very real possibility in your case.

No matter your position, your dispute or the problems you are facing, mediation is always a positive first step in the resolution process (and in achieving your ideal outcome that works for everyone involved in the process).

The team of legal and technical experts at Immediation are here to help guide you through the mediation process and reach the best possible outcome. You can do it 100% online or opt to use a managed service where the Immediation personnel do everything for you, from start to finish.

Mediation is a good first-step in the dispute resolution process. It’s Immediation’s goal to help you sustain your business relationships, while resolving the matter quickly and professionally.

Want to know more, or enquire about your business dispute? Simply fill out the form on the contact page and they’ll be in touch.

 

References:

https://www.marinolaw.com.au/mediation-property-settlement-disputes-important-make-work/

https://www.navado.com.au/sydney/lawyers-solicitors/dispute-resolution-and-mediation/property-development-disputes.html

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