Benefits of Mediation
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by arbforum
What is mediation? Mediation is often thought of as a negotiation between two parties, with a third party involved in guiding the process. In turn, this could be viewed as an “assisted negotiation”. The ultimate purpose of mediation is to come to an agreement on an issue which makes mediation a process of “assisted communication for agreement.”
There are many benefits to mediation and qualities that make the process work, these are a few of the key ideas that allow for successful mediation.
• It is voluntary, meaning that at any time you can leave the process with or without a reason.
• It is a collaborative process, it encourages two parties to work together to come to the best agreement that will satisfy both sides.
• You have the control to approve or disapprove decisions that are being made, there is a veto party that each party has to ensure each provision is acceptable.
• Mediation is confidential to the extent that the two parties agree upon. Only with a signed and finalized mediation agreement can confidentiality statutes be laid out and enforced to potential courts.
• Informed negotiation takes place in mediation, meaning you are able to obtain and incorporate legal and expert advice.
• Mediators remain neutral, partial and balanced to avoid any coercion or intimidation.
• Mediation can be a very self responsible and satisfying, knowing that agreements can be made through this process.
Parties with a legal dispute need to locate a qualified professional to assist them in negotiating a fair resolution to their case, mediation for your legal dispute with a company such as the National Arbitration Forum is an option to help resolve existing and potential lawsuits.
Most importantly, using mediation saves money. Mediation can help people save a lot of money compared to the bills that they might rack up through litigation cases, on average mediation can allow for a cost-savings of up to 85%. (Source: “Using ADR in Supply Chain Disputes” (September 2004))
About Author
Christina Doucet is part of the National Arbitration Forum, a neutral administrator of arbitration, mediation and other forms of alternative dispute resolution (ADR) worldwide. For more information about mediation solutions visit http://www.mediation-solution.com/mediation-defined.htm.
Source: ArticleTrader.com