When Going to court in Arizona can cost tens to hundreds of thousands of dollars, who can afford pay to litigate in this current economy? Okay, who can afford to litigate other than corporations that received TARP money?
Conflicts do not generally disappear when money is short supply. Typically, more conflicts tend to arise when money is short. It has been said that money problems are one of the top reasons for relationship issues. Further, with a bad economy, more people are failing to comply with contractual terms, such as repaying a loan or credit cards.
The bad economy has sent individuals and companies alike back to the drawing board to find new ways to get things done. For example, people are cutting coupons out of the paper, and companies are letting their employees go.
Perhaps the economy is the push that people and companies need to try mediation instead of slugging it out in the courtroom. Mediation is generally a much less expensive process than litigation. Instead of paying two attorneys and often multiple experts for their assistance over a period frequently lasting a year or more, both parties pay one mediator who can often help resolve the conflict in a couple of days or less.
Using a Mediator makes good sense, especially when financial capabilities are limited.
Simmons & Gottfried, PLLC
a Professional Limited Liability Company
8160 E. Butherus Dr., Suite #7
Scottsdale, AZ 85260