What is a significant advantage of mediation in franchise law?

Mediation in franchise law offers a significant advantage in that it is cost-effective and helps avoid litigation costs. This approach allows parties to resolve disputes outside of the courtroom, which can be a lengthy and expensive process. By choosing mediation, franchises can save on legal fees, avoid the costs associated with court proceedings, and minimize the time spent on resolving conflicts.

Furthermore, mediation encourages a collaborative process where both parties can work together towards a mutually acceptable solution, making it an appealing alternative to adversarial litigation. This focus on dialogue and compromise can lead not only to better outcomes but also preserve business relationships, which is particularly important in franchise contexts where ongoing partnerships matter.