For starters, it is generally much quicker and less expensive. Most disputes in mediation are resolved in a matter of weeks or months, not years, as they would be in litigation. Second, because a neutral valuation expert hears each side s case, both parties involved save the time it would typically take to try to educate the judge or jury about the technical elements of valuation. Informal - Mediation is also more informal than a trial. Each side tells its case to the mediator in an atmosphere that is much less formal than a court.
Mediators also don t have to apply complex rules of evidence when listening to a case.
Because the focus of mediation is on cooperation, it allows you to resolve a dispute without causing unnecessary damage to your working relationship or other party. Privacy - Finally, mediation is private. Both sides air their arguments in front of the mediator, who makes a decision without the need for any of the information becoming public. In disputes where neither side wants the conflict to become public, they can mediate under a confidentiality agreement whereby discussions carried out remain secret. Deciding if Mediation Is the Solution Mediation works best when the two disputing parties have an interest in maintaining a relationship after the dispute is resolved.