The optimal way of preparing will depend on the nature of the business dispute. However, as a general guide, it is worthwhile doing the following before the mediation:
getting legal advice so that you understand your legal position and the strength of your arguments from a legal perspective;
understanding what kind of remedy you would likely receive if the matter went to Court and you were successful, versus what would happen if you were unsuccessful;
workshopping what outcomes you would be willing to accept; and
preparing a strategic plan about how you will approach the mediation.
We are happy to assist you to prepare for a business dispute mediation.