Mediation
Mediation involves bringing in a neutral third party, or mediator, to help the parties in a legal dispute to reach their own settlement. It is a consensus-driven process for resolving disputes prior to litigation – or at any point during a lawsuit where the parties would like to pause the process and make a serious effort at an early resolution. The use of mediation to resolve complex disputes has grown exponentially over the years and is now commonly used in every aspect of business‐related litigation. Through a series of discussions, statements and private caucuses between the parties and the mediator, the process lets both parties negotiate and agree to a resolution with which everyone can abide. It is an excellent method of bringing a dispute to a conclusion without the further uncertainty and expense of litigation.
