Parties may agree to do business in the future using mediation as opposed to post-litigation animosity which does nothing to advance business rapport. Parties are encouraged to mediate without the presence of their attorneys, but are free to consult with them at any time. When parties have actual authority to negotiate and commit to settlement terms and are able to pledge to deal in good faith. Many mediations fail due to lack of good faith. The procedure may include a time limit.
Costs are likely to be relatively modest.
Risks are minimal, and the likelihood of success is high. In partnered mediation the parties first must agree and commit to the process. This agreement and commitment is obtained in large part by a partnering facilitator. Next, an in-depth questionnaire and interview process occurs with the results kept confidential, unless directed otherwise. Trust in the facilitator plays a big part here.