What are the benefits of the mediation process? Video Transcript

Jan 5, 2024

Mediation proves advantageous to the parties for several reasons. Firstly, it offers a more efficient resolution to cases, potentially reducing litigation expenses. The process involves bringing parties together with the goal of mutually resolving the case, particularly in terms of compensation. Mediation stands out because it allows for creativity in finding solutions beyond monetary compensation. Parties can explore alternative resolutions that provide closure to the case, something not easily achievable within the court system.

Notably, mediation can occur at various stages of the case, whether early, midway, or just before trial, offering flexibility in its application. What sets mediation apart is that the parties themselves determine the timeline for case conclusion and the ultimate resolution. Unlike the court system, where decisions are made by strangers, mediation places the power of resolution and decision-making directly in the hands of the involved parties, making it a highly valuable aspect of the process.