Mediation is a voluntary process in which the parties agree to appoint a
third-party neutral to assist them in attempting to reach a voluntary
settlement. The neutral does not make a decision and the parties may
terminate the process at any time. It is confidential and without
prejudice. The parties are encouraged to seek independent legal
advice, and where a voluntary settlement is achieved, it becomes
binding when the parties have concluded a settlement agreement in a court order or a formal contract.
Mediation is a process...
Parties in dispute choose a mediator, an impartial person, who helps
them reach their mutually-acceptable settlement.
Mediation is an alternative...
It is available to resolve disputes in such diverse areas as family
relationships, accidents, banking, finance and commerce, consumer
contracts, insurance, leases, real estate and transportation.
Mediation is recommended...
Judges and lawyers suggest mediation as an alternative to litigation.
In many cases, through mediation, the parties reach agreement, thus
saving themselves emotional and financial costs.
Mediation is a first step...
It is one way of reaching a mutually acceptable
settlement. If Agreement cannot be achieved, the parties can still
take other action, such as arbitration or legal proceedings.
Mediation is faster...
The process can begin immediately, whereas disputes settled pursuant
to court proceedings often take years.
Mediation is private...
You do not have to reveal your personal concerns in an open court of
law.
Mediation costs less...
If both parties want to reach a settlement through mediation, the
skill of the mediator can help them reach a solution in a short time.
Mediation can create good will...
A mutually acceptable solution to a dispute lets both parties be
winners and respect each other.
Med-Arb is available...
Parties can choose Med-Arb if mediation alone will not be
satisfactory. Med-Arb is the process of mediating a dispute and if
not suitable switching over to Arbitration.
