CFMA South Jersey: Mediation, Arbitration, or Litigation—What Works Best for You?
The last thing a party wants is a construction claim rising to the level of needing a mediator, judge, or arbitrator to find a resolution. The cost of the claims process can be detrimental to a company, not only in the obvious costs like attorneys’ fees but also in time losses as executives and project personnel sit in depositions or court. Unfortunately, disputes happen, and many cannot be resolved by the parties alone.
Cohen Seglias attorneys John Greenhall and Jonathan Cass will demystify the dispute resolution processes during a presentation to the Construction Financial Management Association (CFMA) South Jersey Chapter. They will review whether mediation, arbitration, or ligation is right for a company and discuss who bears responsibility for the costs. Many of these resolution decisions must be considered when negotiating contracts, well before a claim is on anyone’s mind. This program will help point contractors in the right direction before a company gets trapped in a dispute.