What’s in it for Me?
If I’m a business owner or in-house lawyer, why would I use an alternative dispute resolution service like just Resolve? How will it benefit me and/or my company? Well, like any new product or service, Just Resolve has to be better, faster, or cheaper, than the alternatives (litigation, arbitration, mediation, or doing nothing). Here’s what’s in it for you!
SAVE MONEY: Just Resolve is cheaper than the alternatives.
Unlike competitors, Just Resolve’s non-adversarial dispute resolution service has a fixed (or not to exceed) fee that is based upon what is at stake. The cost, therefore, can be limited to a fraction of what is at stake, unlike litigation or arbitration or even mediation which use open-ended and unpredictable hourly fees. These stakes-based fees are split evenly between the parties, unless the parties agree otherwise.
With a fixed fee, everyone knows what their costs are from the moment they choose an arbiter for their dispute. The parties have certainty as to their costs, up front, which is important for cash flow, and planning purposes. This fixed cost eliminates the unlimited running meter of legal fees, so you don’t have to wait until the end to see if it was worth the time and expense to litigate the issue.
When choosing to use an alternative dispute resolution service, it’s important to know the cost upfront – it allows a business to control its costs and make an informed decision on whether to pursue the dispute. With litigation and arbitration, you have only a vague idea of a budget and you don’t have any certainty if the costs will make any sense until the end, after all of the money has been spent and tallied.
SAVE TIME: Just Resolve is faster than the alternatives.
The Just Resolve process takes only weeks and months, possibly even days if the parties have chosen to pre-vet arbiters, rather than the months or years that litigation or arbitration will take. The duplicative, competing work done by lawyers for both sides is eliminated with the non-adversarial Just Resolve process, allowing for maximum focus and time efficiency.
As for mediation, it, too, can be fast, though increasingly it takes months to schedule the attorneys, clients, and mediator for a day that works, to allow for whatever investigation and discovery the parties want, and to prepare and submit opposing briefs. Importantly, you are not guaranteed a decision with mediation and if mediation fails to deliver a satisfactory settlement, that time and money may have been wasted.
The Just Resolve timeframe is agreed to at the outset, so the parties will know how long the process will take upfront. Our seasoned arbiters have the experience to set an accurate and reasonable time frame for the investigation and decision process. So when parties agree to use Just Resolve, not only do you know the costs at the outset, you know you will reach a decision and how much time it will take.
KEEP CONTROL: The Just Resolve neutral-driven process is better than the alternatives.
Similar to mediation and arbitration, you choose your neutral decision maker, which is an advantage over going to court. Unlike with mediation and arbitration, the arbiter you choose drives the investigation of the dispute. Combining investigation and decision-making into one arbiter (or panel) enables greater overall control for you, not to mention greater coordination and focus of the process. The decision isn’t in the hands of an assigned judge or jury that both parties have little opportunity to vet, and the investigation isn’t run by opposing lawyers with conflicting agendas, egos, and incentives to fight over anything that might create a minimal advantage.
A neutral driven process minimizes distractions and the time taken away from running your business. The Just Resolve process ensures there will be no endless discovery distractions, no unlimited depositions, and no maneuvering and delay.
Using a neutral driven dispute resolution service allows you to be a better business partner. It shows that you have a can-do attitude, an eye towards controlling costs, and the forethought to minimize conflict by ensuring a fair process to resolve a potential dispute is in place before a dispute arises.
So, what’s in it for you?
– Knowing and controlling your costs to resolve a dispute
– Predictability of cash flow
– Choosing a process that is bounded in time
– Minimizing distractions and disruptions to your business and your employees
– Having more control in choosing the neutral who investigates and decides your dispute
– Being a better business partner