The benefits include :
- Saves cost & time :
Disputes are very costly. First, there is the often unquantifiable cost of disruption to your business. Second, is the uncontrollable legal costs. Settling your case through mediation brings an end to all of that as well as the stress on you and your management team.
- Greater success :
Mediation has a very high success rate of 73% (ICMA Survey 2013). My success rate is 83%.
- Preserves business relationships :
In business, relationships are critical. A breakdown in relationships does not have to put an end to the business. Mediation helps parties focus on important commercial interests/needs and provides them with the only real opportunity of saving the relationship.
- Private & Confidential :
It is private and confidential. The outcome is tailored to parties needs rather than legal positions.
- Control :
The parties are in control of the outcome. Control stays closer to you; the decision making is in the hands of the parties and their advisers, not the Courts.