Choosing a family business mediation firm is a very important decision. It has a critical impact on the way you and your family solve your problems both now, and in the future. The right firm will help you move forward with your decision making, succession planning, family, and business. Alternative Law’s Mediation saves you time and money and will cost …
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 both local communities 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, straining …
The Benefits and Limitations of Family Business Mediation
When family conflicts arise, finding effective solutions can be professionally challenging and emotionally taxing. Family mediation offers a constructive approach to resolve disputes, particularly in areas like organizational change or professional and personal conflicts. Let’s explore the benefits and limitations of family business mediation and its productive role in resolving family conflicts. Mediation: A Collaborative Approach to Conflict Resolution Mediation …
Navigating Family Business Conflicts: A Guide for Owners and Managers
“When family members are owners, employees, or related parties, you can double the chances of personal or professional conflicts. With an experienced mediator, you should be able to redirect that energy as a force to better navigate family business conflicts. – Mark Fallon of Alternative Law Balancing personal and professional relationships within a family business can be tricky. Unstructured businesses …