Veteran Litigator, Mediator Murray Silverstein Emphasizes Benefits of ADR in Daily Business Review

09.16.2024

Stinson LLP Partner Murray Silverstein authored an article for the Daily Business Review, "Keep Business Disputes Off the Battlefield Through Mediation."

Silverstein provides insight on the benefits of alternative dispute resolution as a solution for resolving legal battles. He says instead of leaving decisions to the battlefield of the boardroom or courtroom, parties should negotiate through alternative dispute resolution, preferably mediation.

Silverstein emphasizes that most forward-thinking companies' organizational documents include various forms of alternative dispute resolution, often requiring mediation as the condition precedent to litigation to ensure that unnecessary risks are avoided and decisions are made in the company's best interest.

"Acting in good faith in a mediation setting avoids the prospect of rushing into litigation. Trial courts not only recognize the success rate of mediation, particularly in business disputes, but they routinely require cases to be mediated before ever getting to trial," he writes. "If you do eventually win at trial, it can still mean huge expenses in attorney fees, an ambiguous result, and considerable time that could have been spent growing your business."

Silverstein is a seasoned high-stakes commercial litigator and experienced mediator with over 30 years of experience providing clients with effective strategies for resolving complex business, commercial and real estate disputes in state and federal courts.

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