Mediation

Mediation Services

NBSRO is dedicated to offering effective and amicable solutions for resolving disputes. Our mediation services, in partnership with Equa.Law, provide a structured and collaborative process to help parties reach mutually agreeable resolutions.

"Mediation is a voluntary process where a neutral third party, known as a mediator, assists disputing parties in reaching a settlement. Unlike arbitration, the mediator does not make a binding decision but helps facilitate dialogue and negotiation to find a mutually satisfactory resolution."

Our Mediation Process

Agreement to Mediate

Mediation can be initiated if both parties agree to participate. It is often preferred for its collaborative approach and potential to preserve relationships.

2. Submission of Request

Parties seeking mediation can submit a request to NBSRO, outlining the nature of the dispute and providing relevant documentation. This can be done via email.

3. Selection of Mediator

NBSRO, in collaboration with Equa.Law, will appoint a qualified and neutral mediator to facilitate the process. Both parties will have the opportunity to review and agree on the mediator selected.

4. Mediation Sessions

The mediator will conduct sessions, either in person or virtually, where both parties can express their views, discuss their issues, and work towards a resolution. The mediator guides the process, ensuring productive communication and fair negotiation.

5. Reaching an Agreement

If the parties reach an agreement, the mediator will help draft a settlement agreement, which is then signed by both parties. This agreement is binding and enforceable.

Benefits of Mediation

Collaborative: Encourages cooperation and preserves relationships.
Confidential: Discussions and negotiations during mediation are private.
Flexible: Sessions can be scheduled at the convenience of both parties.
Cost-Effective: Generally less expensive than litigation or arbitration.
Control: Parties retain control over the outcome and terms of the settlement.

Our Partner: Equa.Law

To ensure high-quality mediation services, NBSRO partners with Equa.Law, a renowned provider of mediation and arbitration services.

Equa.Law brings extensive experience in facilitating successful resolutions through mediation.

How to Initiate Mediation

To initiate mediation, please follow these steps:

Agreement to Mediate: Ensure that both parties agree to mediation.
Submit Your Request: Send your mediation request to NBSRO.
Provide Necessary Documentation: Include all relevant documents and details related to the dispute.
Confirmation and Selection: Wait for confirmation from NBSRO and participate in the selection of the mediator.
Participate in Sessions: Engage in mediation sessions, negotiate in good faith, and work towards a mutually agreeable resolution.