Collaborative Law, like mediation is a form of Alternative Dispute Resolution. It takes place when the parties to a dispute enter into an agreement with each other and their collaborative attorneys to work towards a resolution without resorting to litigation. The parties and their collaboratively trained attorneys commit to share necessary information and work in a results focussed environment that is unlike those found in traditional litigation arenas.
At times other collaboratively trained professionals might be brought in to assist the process. These may include financial advisors or business coaches. Collaborative Law is extremely effective when the parties wish to resolve their dispute in a way that is far more confidential than litigation in an open courtroom. It is also beneficial where continued relationships among the parties are either required or valuable to the parties.
Finally, where the parties have agreed to work together towards resolution, considerable financial savings over traditional litigation can be realized. For Collaborative Law to be most effective, it is helpful if the collaborative attorneys are involved as early in the dispute as possible.
To find out how collaborative law may be able to help your organization, contact our office today.