As the use of alternative dispute resolution has increased over the past several decades, so have the options available to parties. One of the more frequently used processes now available is an evaluation of potential or pending cases by a neutral individual experienced with adjudicating similar disputes. This article explores the many benefits of early neutral evaluation.
What Lies Ahead -
Disputes between entities and parties in business transactions are well suited for the kind of early analysis, or second opinion, that a neutral evaluator can provide. Businesses have as their primary function earning a profit for their shareholders and owners. Much more than in other disputes, it is the bottom line on the financial sheet that counts most, not the personal emotion, the righteousness of the cause or the actual pain involved. The hallmark of a well-run business when it comes to litigation is the careful assessment of the possible outcome before proceeding with a lawsuit.
Originally published in Bloomberg BNA's Corporate Accountability Report on January 30, 2015.
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