FAQ: What are the potential benefits of mediation?
- A voluntary and confidential process where participants determine the outcome for themselves rather than it being determined by a Judge, jury or an Arbitrator.
- Offers a wider range of possible outcomes than can ever be determined by a Court.
Provides an opportunity for the parties to fully participate in the process and therefore, to feel very much part of a successful outcome.
- Avoids the potential risk of the significant costs in litigation.
- The mediator can act as an impartial facilitator to a resolution.
- Ideally suited to multi-party litigation or otherwise complex disputes.
- Mediation is also appropriate as a method of resolving interpersonal disputes such as those that arise in the workplace, in clubs, in an educational context, etc.
- Even an unsuccessful mediation can educate the parties on the strengths and weaknesses of their case and the risks involved which may facilitate resolution in due course.
- Can allow disputes to be resolved in circumstances where a necessary on-going relationship between the parties can be maintained.
- It provides a timely resolution where as going to trial can take several years.
About the Author: Ken Strongman (www.kpstrongman.com) has years of experience and a growing national reputation as a mediator and arbitrator. He has successfully resolved more than a thousand disputes in the fields of construction defects, real estate, intellectual property, and employment. He is also a Mediator and Arbitrator for FINRA.
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