Mediation: the cheaper alternative
Ben Moshinsky
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Sure, arbitration is all the rage. But a new mediation scheme in the UK opens up more alternative dispute resolution possibilities for cash-strapped companies. It could save you money – and acrimony. By Ben Moshinsky.
In-house counsel have always looked to cut costs, but the economic downturn has squeezed legal budgets all the more tightly.
The cost of litigation is the number one concern of in-house counsel of the FTSE 350, according to research published by Mori in December 2008.
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