What You Need to Know About Business Mediation

Whether you are bringing or defending a legal claim, disputes can be time-consuming, financially heavy and are generally a negative experience for both parties. At LawBite, we believe the best way to resolve a dispute is efficiently, affordably and successfully. 
 
We provide professional business mediation services so our expert mediation lawyers and solicitors can help you resolve your dispute without the worry of litigation. For a fixed price, you will receive expert advice on commercial mediation and support through the entire process.
 
As part of our business mediation service, we can also offer you a free 15-minute lawyer consultation to fully understand your business’ needs and to ascertain how our commercial mediation lawyers can best support you.


What is Mediation in Business?


When resolving a dispute within your business, there are several methods you can choose between. To avoid the costs of litigation, the methods typically opted for are negotiation, arbitration or business mediation.

In commercial mediation, a professional, neutral third party is appointed to help both parties resolve the dispute and they are often referred to as the mediator. The mediator is not a judge, but is an expert at facilitating negotiation between you and the other party.

Businesses choose commercial mediation services to resolve their disputes simply because business mediation is normally quick, easy and has a success rate on average of 70%.  In fact, it usually only takes one day, is far cheaper than litigation and is conducted on a fixed price basis. You can read our blog post on why mediation is a great way to resolve disputes within SMEs for key advice.


How can LawBite’s Commercial & Business Mediation Services Help?


Our lawyers and solicitors provide expert commercial mediation services, and will offer you support and advice through each step of the process. LawBite’s business mediation lawyers can: 

  • Provide expert advice on how to preparing for your business mediation
  • Draft business mediation contract clauses
  • Assist with encouraging the other party to accept mediation if the contract doesn’t provide for it
  • Source an accredited third party mediator
  • Attend your commercial mediation on the day and help resolve the dispute through the mediator
  • As an alternative to acting on your behalf, they can provide a neutral LawBriefs mediator to handle the commercial mediation

At LawBite, we understand how stressful disputes can be, especially when they start to negatively impact your business. The support you receive from our commercial mediation service strengthens your chances of resolving the dispute and takes the stress out of the process. Get in touch with us today to find out more about how our friendly business mediation lawyers and solicitors can help.


LawBite - Smarter Business Law

At LawBite, we believe that great legal advice is a fundamental business right. We are committed to providing your business with expert legal advice that is:
 
  • Easier to access
  • Clearer to understand
  • More affordable
 
Many businesses find traditional law cumbersome and complex; difficult to navigate and often full of hidden charges. Therefore, it is no surprise that SMEs instinctively turn to LawBite to solve their business legal problems, giving us a 98% service rating on feefo.
 
LawBite's online lawyers and online solicitors provide expert legal advice on all commercial and business matters including business mediation.. Book a no commit 15-minute call with our friendly lawyers today or learn more by joining LawBite for free.
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When they have a legal problem, SMEs repeatedly tell us that they find traditional law hard to navigate, it can be a very cumbersome process to get a legal matter solved and quite often, it is full of hidden charges.

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Frequently asked questions

LawBite is the modern way for SMEs to get the high quality legal advice they need, but faster and cheaper.

As we look to revolutionise the traditional legal process, this may raise a number of questions on how we operate to provide your business with legal advice for your business that is; easier to access, clearer to understand and more affordable.

We have brought together the most frequently asked questions from our customers.

  • The parties must agree to mediate
  • A mediator is appointed.
  • The parties exchange bundles that were prepared for mediation and then attend sessions.
  • If a settlement is reached the parties sign a settlement agreement.
  • The mediation is concluded.


There are three possible outcomes:
  1. If a settlement is reached, the parties must perform as per the settlement.
  2. If a party fails to perform the other party can enforce the agreement via the Court.
  3. If no agreement is reached, the litigation process will continue.


Mediation in its simplest form is a process of negotiation that is done via a Mediator rather than directly between the parties. 

In practice, each party and their legal representatives sit in separate rooms and the mediator moves between them to facilitate communication between two sides until either an agreement is reached or the mediation breaks down.

The mediator does not choose sides and does not make an award. A good mediator will simply try to facilitate dialog between the parties and try to steer them towards reaching an amicable settlement.

Mediation is a very helpful tool in dispute resolution. A large percentage of disputes that get referred to mediation end in settlement. If the value of your dispute is sufficient to justify the costs it is highly recommended.
Mediation can be attempted at any stage, but usually it makes more sense to do this after pleadings have closed or after disclosure has been completed.

The costs of mediation will include the mediator’s fee, your own legal team’s fees for preparing for and attending mediation and possible fees incurred in obtaining an expert’s report if needed. The total cost of one full-day mediation would start at about £3,000.

A Mediation Clause in a contract will be binding and the resulting settlement between the parties reached at Mediation only becomes binding once the parties sign the Settlement Agreement.

How can LawBite help?

Our LawBriefs can provide expert guidance and reassurance, whether you are bringing or defending a legal claim, or resolving a dispute using Alternative Dispute Resolution (ADR) methods like Mediation and Arbitration.

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Keeping our clients happy

Our platform was designed to pioneer a better way of providing business legal services on-line. From your initial enquiry about a legal matter or dispute and at every step during the case with your LawBite lawyer, solicitor or mediator, you can be confident that LawBite will be there to provide a friendly and unfussy experience; via the telephone, computer or from our app.

We make everything about the law transparent to address your business issues, providing you with legal advice that you can rely on. Your personal dashboard will detail all of your active cases, provide secure storage for all your important documents and detail clear milestones for each piece of legal work with us.

No wonder our clients rate us very highly for the business legal advice we provide, trusting us to deal with any legal issue, time and again.