Construction disputes can be complex and costly which is why it is worth it to be familiar with options that may be able to help resolve construction disputes at a reduces cost and with less acrimony. For that reason, parties to a construction dispute should be familiar with the basics of construction mediation and the potential advantages it offers.
How mediation can help with a construction dispute
Construction mediation is a private dispute resolution process that allows the parties to work with a mediator who will help them negotiate a settlement to resolve the dispute. The mediator is a neutral third party who is not invested in the dispute but is trained in how to help facilitate a settlement of the dispute between the parties. The mediation process is not binding but encourages the parties to work together to solve their dispute. It also provides the parties involved greater control over the process than litigation or arbitration.
Potential advantages of mediation are that is a faster and less costly than arbitration. The mediation process may resolved in a shorter period of time but can also be scheduled more quickly because it does not rely on a court calendar. This can all be helpful if the construction project is ongoing or underway. Also because the mediation process workers on shared solutions, it can help reduce conflict between the parties.
Construction law can help parties to a construction contract or involved in a construction project with the variety of concerns that may come up. Construction mediation is one option parties to a construction dispute should be familiar with and consider.