The term financial mediation can mean a very complex thing but what is financial mediation?
Financial mediation is a voluntary process that aims to resolve disputes between two parties. The issue at hand maybe a very minor one or it could be something very major like a property dispute. It is to be noted that mediation of any kind is completely voluntary but it is also something that is actively encouraged by the judicial system throughout any litigation. It is also a cost-effective system as you avoid paying a lot of money to a lawyer in order to achieve exactly the same result. Furthermore through mediation you avoid falling in terms with whom you're up against. A mediation is more confidential and once completed is a much more non prejudiced way to resolve issues between two parties.
In every mediation the mediator is extremely important; he has to be a neutral third person who also has to be able to convince the parties for a settlement. A mediator’s role requires a lot of experience, patience and understanding of the issue at hand. A financial mediator must be able to explore the position of both the parties involved and try to present an acceptable solution to both parties without sacrificing too much in favor of anyone.
At the accounting doc we have had the privilege to deal with numerous financial mediations; our teams have successfully resolved issues between parties which had been dragging on for years. We have always helped our clients save tons of money by out-of-court settlements and did it in the most unbiased way possible.
The financial mediation services at the accounting doc are divided into two core categories.
1. Financial mediation services for families:
Our teams have spent countless hours arbitrating between families in trying to settle their disputes out of court and on a good standing with each other. Our attempts have always been successful in saving a lot of money to both parties and coming to an amicable solution that is in best interest of the parties involved. Our teams will meet with both parties separately and try to come to an acceptable solution for everyone. Helping to maintain your family relations is as important to us as coming to a just agreement.
2. Financial mediation services for corporates:
When it comes to business matters, financial mediation plays a much bigger role. The things at stake have extensive financial ramifications and it is best that they get resolved as quickly and as discreetly as possible. In order to be successful in arbitration on business matters, it is important to have extensive knowledge in dealing with businesses and have an understanding of the corporate world. Our teams of polished experts will bring both knowledge and expertise to the table. We have also successfully helped resolve numerous corporate disputes and brought both the parties to an agreeable solution. Corporate disputes can be very expensive to resolve if it is taken to court, we will help you save a lot of money and help get you a great deal.
At the accounting doc, we just don't believe in settling disputes. We believe in resolving disputes in good terms, which is beneficial to both parties and we help do it in as little time as possible. So don't worry as the doc has got you covered.
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