Topic

Mediation and Arbitration Provision

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Settling Disputes Using Mediation and Arbitration

Mediation and arbitration settle disputes in a way that is best for startup companies, but bad for lawyers.

Mediation is a way that two parties can find a solution that works out best for both parties, while arbitration is a final decision made by a third party.

The key for startup companies and entrepreneurs is not that they “win” because they are “right”, it is that they get disputes settled and handled quickly.  A lawsuit can devastate a company, even when they wind up “winning” in the end.