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Commercial Mediation West Wales | |||||
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About mediation Mediation is a form of alternative dispute resolution in which parties resolve disputes with the assistance of an independent, expert, third party (the mediator). Unlike traditional court proceedings (or arbitration) mediation is a confidential and voluntary process which results in the settlement of disputes by agreement between the parties. The mediator does not make any judgment upon the issues and cannot impose a settlement on the parties. Mediators are professionally trained to enable them to develop strategies to assist parties in finding ways to resolve issues in dispute. Those specialist skills are borne out by statistical evidence that approximately 80% of cases referred to mediation result in settlement. In cases where mediation does not result in settlement, parties remain free to pursue any other forms of recourse available to them. The mediation process remains confidential and without prejudice and therefore neither party can refer to or rely upon anything said during the mediation, in any subsequent proceedings. What are the benefits of mediation? There are no fixed rules about the duration of a mediation or the process for it to follow. The parties and the mediator have the scope to tailor the mediation to the circumstances of the case and of the parties with a view to achieving the best results. However, some features of a typical mediation include:-
Once the parties reach a settlement a written agreement is drawn up and a closing joint meeting takes place between the mediator and the parties.
What are the benefits of mediation?
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