Virtuosity in Business by Jackson Kevin T.;

Author:Jackson, Kevin T.;
Language: eng
Format: epub
Publisher: University of Pennsylvania Press

Mediation:Forum of Interdependent Relationships

Mediation is a good environment for handling situations in which a significant degree of interdependence among parties exists. Such a situation is present with closely held corporations or condominium dwellers that share a common building. In these kinds of business relationships, stabilizing ongoing interactions may be a more weighty concern than a formal declaration of rights and obligations through adjudication. Mediation stands apart from the adjudication exemplar of dispute resolution. The key task of the mediator is to assist the parties in discovering a way to promote their respective fundamental interests. Unlike the process of adjudication, mediation is not primarily focused on expositions of argumentation and proof that depend on the existence of established norms and standards for settling a party's disagreement.

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