Mediation can keep the in-laws from becoming outlaws
Mediation is very suitable for family business disputes, but the resolution process can take a long time
Mediation can prove especially helpful in resolving disputes arising in family businesses.
“The personal relationships involved in family businesses can cause a lot of tension at board level, which is unique to family businesses,” said Mark Small, commercial sector representative with the Mediators’ Institute of Ireland (MII) and managing director of Mediate Ireland.
“While all small businesses, including family owned businesses, can face problems relating to non-performance of contracts and payment issues,...
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