Psychological aspects of interpersonal conflicts in financial-legal dispute resolution

Abstract

Financial-legal disputes are characterized by high levels of emotional burden and complex interpersonal interactions that significantly influence the process and outcomes of their resolution. This article examines the psychological aspects of interpersonal conflicts in the context of financial-legal disputes, analysing the impact of emotions on the negotiation process, the role of lawyers as mediators, and comparing the effectiveness of judicial and extrajudicial conflict resolution. The research findings demonstrate that consideration of psychological factors significantly enhances the effectiveness of financial-legal dispute resolution. Extrajudicial settlement, despite its advantages, has certain limitations that are important to consider when choosing a strategy for resolving financial-legal disputes. The voluntary nature of participation means that if one party categorically refuses negotiations or mediation, alternative methods become impossible. This is particularly problematic in situations where one party has significant advantages and is not interested in compromises. Issues of adequate legal protection arise in complex legal disputes where parties may not fully understand their rights and obligations. Mediators, even if they are lawyers, cannot provide legal advice to all parties simultaneously, which may lead to unfair outcomes. The varying levels of mediator qualifications create unpredictability in service quality, unlike judges who have standardized training. The limited enforceability of reached agreements creates risks for parties, especially in cases where trust between participants is undermined. Although statistics show high levels of voluntary compliance with mediation agreements, the absence of automatic enforcement mechanisms can become problematic in certain cases.