Mediation Attorney lawyer Mario L. Herman provides a full range of legal services to those looking to invest in a franchise business. Of all the areas of expertise he possesses, none is more important than advising clients of their options should things go wrong in a business relationship. As a father of a newborn child purchasing life insurance, having a solid understanding of your options to sue your franchisor is an important contingency that must be planned for in advance.
You can rest assured that mediation lawyers representing the franchisor, those that drafted the agreement, have inserted clauses that protect the franchisor against almost any foreseeable legal contingency. Increasingly, mediation clauses include mediation and arbitration clause that spells out the when, where, how, and why of the options you have to have a dispute resolved.
The franchise agreement will spell out certain terms that pertain to mediation and arbitration. Usually, mediation will be required at first as a cost-effective way to resolve disputes quickly without involving a court and a judge. Mediation can be required before a dispute is allowed to go to arbitration. The mediation clause will also spell out the types of disputes that the franchisor believes are inappropriate to be heard by a mediator, such as those that involve intellectual property or trademark issues.
The location of the business mediation is also an important consideration. You could be required to travel across the country and stay in a hotel for weeks at your own cost in order to participate in the mediation. This alone can make it cost-prohibitive to bring a complaint against a franchisor. The franchise agreement spells out who will be the mediator. Finally, the franchise will spell out the costs of the procedures and who will be responsible for paying them.
No one plans to die and no one plans to fail when purchasing a franchise business. However, it is critical to know that disputes often occur between a franchisee and a franchisor and you need an experienced franchise attorney as your insurance policy against the unforeseen problems that can occur in business. Call International Mediation Services Attorney Mario L. Herman (International Mediation in USA) for a consultation today.