A growing number of Hong Kong and Asian companies and individuals are turning to mediation to resolve their disputes rather than pursuing costly litigation through the courts.
The number of mediation and arbitration matters heard in Hong Kong jumped 56 per cent last year to 500 from 2002, according to data from the Hong Kong International Arbitration Centre.
Unlike taking court action, which requires both parties to hire lawyers to present their cases before judges, mediation gives the parties the option of hiring a mediator to hear both sides in a three-way discussion.
via Business feed http://www.scmp.com/business/companies/article/1038710/mediation-wins-favour-way-solve-disputes
No comments:
Post a Comment