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Each person that lives in this world has his own personality and views according to which he sees the world. If you find certain thing beautiful and the next person does not have the same view about it then that does not mean that either of you are wrong; it merely means that both of you have different perspectives and different definitions of beauty in their mind and neither of them can change each others perspective. We just mentioned an example of different perspectives among people towards different things in life but when we see such difference of opinions in business world then some disputes can surely arise. Now it is up to the involved parties that how they want to resolve those disputes as there are many ways of resolving such disputes. The process of resolving disputes that arise within a family or among the company partners is known as dispute resolution. The dispute resolution that takes place among the company partners is known as commercial dispute resolution in melbourne and can be solved through various ways; one of why is dispute resolution mediation.

Three different ways of commercial dispute resolution:

Many a times we are faced with such situations in our business that our partners or alliances can’t get along with the similar idea. Such situations cause a stir and dispute among the company members and can result in a serious downfall of the company if not resolved as soon as possible. When the things get out of the hands of the partners to come to the mutual agreement then they adapt the process of commercial dispute resolution in which one out of three different ways are adapted to solve the matter. These three ways of resolving dispute include mediation, arbitration and litigation.

Dispute resolution mediation:

Among the three different ways of resolution; dispute resolution mediation has always been preferred by the people because it does not include the involvement of court room or long procedures. In the process of mediation; the mediator helps both of the parties in forming the mutual agreement through discussions so that their differences can be narrowed. As the mediator is the third party so his opinions are neutral which helps in coming to a mutual decision.  This process is less costly. Most of the people often confuse mediation with arbitration but they are not the same rather arbitration can be called as the less formal version of litigation.

Conclusion:

Arising disputes within the partners or alliances of the company is a normal thing but the way how you tackle that situation is important because longer the dispute will be poorer will be its effects on the company. This is where the process of commercial dispute resolution is involved in which one out three ways is adapted to handle the situation. One of the best ways of solving the disputes is through the process of dispute resolution mediation. “Anytime mediation” offers the best services of commercial dispute resolution and dispute mediation resolution.