Family Succession Planning

The Importance of Family Business Succession: A Vital Step for Long-Term Success

Family businesses form the heart of many economies, often spanning generations and contributing significantly to local communities, state productivity and global markets. However, one of the most critical—and sometimes overlooked—elements of a successful family business is succession planning. Without a clear strategy for passing leadership and ownership to the next generation in family business succession planning, family businesses risk failure, …

Alternatives to Litigation

Mediation Mitigates Landlord–Tenant Disputes From The Housing Crisis

The recent housing crisis has not been easy on home-owners. Many home-owners have been forced to foreclose. Often, this ends in bankruptcy and taking down large banks with them in the process. Bank of America, Wachovia and US Bank Corp are all large corporations that lost billions in the mortgage crisis. Mediation mitigates housing disputes. But a less-discussed off-shoot of …

Minnesota Governor Gets Mediator Help For Federal Debt Ceiling And Budget Crisis

The Congress usually does not hire mediators to settle budget of other parliamentary disputes. The process usually involves direct debate between Congressmen and Senators. These take place on the floor, with the Speaker taking on the role of a facilitator. Mediation is usually not part of this process. Learn more about the Minnesota budget crisis mediation case. However, given the …