TORONTO BUSINESS ARBITRATION LAWYER
When business disputes arise, our job is resolving them. Alternative dispute resolution (ADR) including negotiation, mediation and arbitration, encourages the use of other means of resolving disputes for businesses than traditional litigation. Ultimately, ADR is more cost-efficient for businesses than traditional litigation. We canvass each method of ADR to determine which is best suited for you.
Where appropriate, we encourage the use of these techniques to foster more cost-efficient, constructive settlements. We handle a range of ADR methods and support their use before litigation.
TORONTO BUSINESS MEDIATION LAWYER
What is mediation?
Mediation is a type of dispute resolution where the parties retain an independent third-party to assist them in reaching a mutually acceptable resolution of some or all of the issues in dispute.
Its general objective is to build consensus between potentially litigious businesses or people. Unlike other forms of dispute resolution, a mediator cannot impose an agreement, provide legal advice or decide an issue.
What is arbitration?
Arbitration is the legal procedure where the parties agree to appoint a person of their choosing to review the evidence and render a binding decision. As with mediation, arbitration has the advantage of reducing costs associated with dispute resolution and allowing for private resolution.
What is statutory mediation or arbitration?
Several provincial statutes provide for mediation or arbitration. In some statutes or legislation, there is a requirement to mediate or arbitrate. Statutes which provide for mediation include the Insurance Act and the Commercial Mediation Act, 2010.
One of the most common statutes legislating submission to arbitration is the Labour Relations Act, 1995.
Where the option for negation, mediation or arbitration is realistic, we persuasively advance your interests with a focus on providing cost-efficient, comprehensive settlements.
416-DEFENCE | 416-333-3623