Mediation is final and binding if an agreement is reached. There is no risk of additional expense through appeals. Mediation is simply another way for you to resolve a dispute. You become the master of your own destiny, not the courts. Both sides meet with an impartial mediator who works with and enables the parties to bring about a resolution, settlement or compromise.
Mediation is a voluntary process and final and binding only if an agreement is reached.
All communications in mediation are confidential - both sides agree in the beginning that the mediator cannot be called as a witness in court if the mediation does not result in a settlement agreement. Arbitration on the other hand is usually final and binding. The arbitrator hears both sides and then makes a decision based on the evidence and applicable law. The decision cannot be appealed. Access to the courts is limited solely to enforcement of the arbitrator's decision.