Mediation: An Alternative to the Courtroom for Chicago Commercial Real Estate Disputes

Chicago real estate lawyers know that real estate disputes are slow, expensive, and stressful—for both the attorneys and their clients.

Since real estate litigation can take a significant amount of time and money to resolve, attorneys who can offer their clients an alternative to litigation build positive reputations in their communities. This is especially the case for those clients, such as builders and those who operate their own businesses, whose work and daily lives are disrupted by real estate disputes.

When clients need to preserve a relationship, such as those in homeowners associations, mediation is an excellent choice to resolve these cases. Since mediation is focused on settlement, the parties often feel less stressed and more satisfied after a successful mediation than they would after a trial. Since Chicago trials are adversarial in nature, the focus is usually on a “winner” and a “loser.” Fighting at trial often damages relationships permanently. Therefore, if your client needs to resolve a real estate dispute as peacefully as possible, consider mediation as a solution.

Another benefit of mediation for attorneys is that it fosters client satisfaction with the attorney and the law firm. The obvious reasons for this is that the client is able to resolve his dispute much more quickly and save thousands of dollars in the process. In addition, many clients, no matter how many discussions they have had with their attorneys about possible trial outcomes, will blame their attorney if a trial does not end in their favor. The client is frustrated because, after waiting months or even years to settle a dispute, the client may have gained nothing from fighting his case. Since parties negotiate their own settlements at mediation, there are no unpleasant surprises at the end of the case, and the attorney-client relationship is not damaged.