Cost – far less costly. Confidentiality & privacy – all communications including verbal statements and all records and notes relating to the mediation shall be confidential and shall not be disclosed in any proceedings before a Court or otherwise. Informal – although done according to the law but outside of the Court system. Legally binding – the Mediation Settlement signed at the end of the mediation process is by default legally binding unless the contrary is inserted into the document. Less stress. Nicer environment to create agreement.