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ADR
SYSTEMS OF
AMERICA
What
is
Mediation?
Mediation
is a process whereby a
neutral person, the
mediator, assists the
parties in reaching a
mutually acceptable
resolution to their
dispute. The mediator
does not have the
authority to make a
binding decision, unlike
arbitration, where the
arbitrator renders a
decision that is final
and binding.
Why
use mediation if we have
already negotiated and
were unable to settle?
A
mediator can bring a new
perspective to the
proceedings. Through the
mediator's own knowledge
of the subject matter,
he or she can assist
parties in exploring
alternatives that they
might not have
previously considered.
What
are some of the
advantages of mediation?
§ Parties
are directly engaged in
the negotiation of the
settlement.
§ The
mediator, as a neutral
third party, can view
the dispute objectively
and can assist the
parties in exploring
alternatives which they
might not have
considered on their own.
§ As
mediation can be
scheduled at an early
stage in the dispute, a
settlement can be
reached much more
quickly than in
litigation.
§ Parties
generally save money
through reduced legal
costs and less staff
time.
§ Parties
enhance the likelihood
of continuing their
business relationship
§ Creative
solutions or
accommodations to
special needs of the
parties can become a
part of the settlement.
§ Information disclosed at a mediation may not be divulged as evidence in any arbitral, judicial or other proceeding.
How
long does mediation
take?
Most
cases are settled in a
few hours. Others may
require additional time,
depending on the
complexity of the
issues.
As
mediation is nonbinding,
is the settlement
enforceable?
Yes.
A signed settlement
agreement is as
enforceable as any other
contractual agreement.
Which
types of cases are
suitable for mediation?
Virtually
any civil matter is
suitable for mediation.
What
are the chances that my
case will settle?
National
statistics indicate that
85% of commercial
matters and 95% of
personal injury matters
end in written
settlement agreements.
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Email: Darryl@DarrylFohrman.com
darryl.fohrman@gmail.com
© 1999 - 2007 Darryl Fohrman, Lawyer
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