Mediating a breach of contract can help you preserve the relationship you have with the opposing party and come to an effective agreement outside of court. It can also help you avoid a lengthy court process if you come to an agreement with the other party. However, contract mediation only works if you are fully committed to the process. These tips can help you get more out of contract mediation in the future:
- The person who needs to participate in the mediation process should be a decision maker. If your business is involved in mediation, the person attending these meetings should be someone who has the power and authority to accept any offers of resolution.
- Just like in court, having proper evidence can be an invaluable tool during mediation. Bring in physical copies of your contract to define your interests and provide concrete evidence.
- In every dispute, each party believes they are right and the opposing party is in the wrong. Although there is nothing wrong with believing you are right, remember that the purpose of mediation is to negotiate and come to an agreement with the other party.
- The opposing party is less likely to submit to the deal you suggest if they feel like they have been insulted during the contract mediation process. Maintain your composure and treat the other party with respect during all phases of this process to improve your chances of coming to an agreement.