Your Family vs. The Courtroom: Choosing the Right Path for Your Business When a conflict over your family business’s future arises, you face a critical choice: how will you resolve it? This often involves choosing between mediation and litigation, leading to the classic debate of mediation vs litigation, two distinct approaches with profound consequences for your finances, your well-being, and …
Family Business Succession Planning: Avoid Costly Court Battles with Mediation
Is Your Family’s Legacy at Risk? The Hidden Cost of Succession Disputes. For generations, your family business has been more than just a company—it’s a source of pride, identity, and financial security. But when the time comes for succession, this legacy can become a source of conflict. Disagreements over leadership, ownership, and fairness can escalate, threatening to tear the business—and …
How Does Family Business Mediation Work? A Step-by-Step Guide
Demystifying the Mediation Process: A Path to Peaceful Transition The decision to use mediation for your family business dispute is a smart one. But we understand that the unknown can be intimidating. You might be wondering, how does family business mediation work? What actually happens in a mediation session? How do you go from conflict to a signed agreement? At …
Succession Planning Mediation: The Collaborative Path to a Secure Future
Transferring a family business or wealth is inherently emotional. It involves money, power, identity, and complex family relationships. When disagreements arise, the traditional approach often leads to adversarial negotiations or even litigation, which can tear a family apart. There is a better way: succession planning mediation. Mediation is a voluntary, confidential process where a neutral third party helps families communicate, negotiate, …
Can Mediation Help When Siblings Disagree About the Family Business?
Why do siblings clash in business? Family businesses often mix the past, competition, control, personal history with the future and professional decisions. That’s a recipe for conflict. You may have different work styles, expectations, or opinions on how the business should run—or who should run it. Common sibling conflicts include: How does mediation help resolve these disputes? Does it actually …
How to Choose a Family Business Mediation Firm
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 …
Mediators Enable Individuals To Solve Problems
Mediation is an often an art as much as a science. No two mediators are the same, just as no two people are. Mediators come from different backgrounds, different geographies, different educational backgrounds, different ethnic influences and so on. And all that makes a big difference in their approach to mediation. Some are direct problem solvers and more “solution developers.”Others …