Here are some of the key benefits of following the mediation route to the settlement of a dispute:
Control
Because the parties themselves agree the outcome, they remain in control of the mediation process.
Confidentiality
Mediation is confidential to the parties.
Convenience
The parties choose their mediator, the location and the time at which the mediation is to be held.
Cost
Compared to traditional litigation, mediation is a considerably less expensive way of solving problems.
Informality
Mediations take place in a more relaxed and positive atmosphere.
Outcomes
Since the mediation is separate from the court process, a much broader variety of settlement options is possible.
Relationships
The informality of the mediation process makes it more likely that you will remain on solid business terms with the other side at the end of the dispute.
Speed
Mediations can be set up quickly, and the sessions themselves usually last no more than a single day.
Success
The success rate for mediations is very high. Statistics show that over two-thirds of mediations settle effectively.
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