Mediation is encouraged in civil disputes as an effective alternative to litigation. Three major benefits to mediation are:
- Certainty of Outcome
All litigation has risk. Mediation is an opportunity where the parties can ‘buy out that risk’ by reaching an agreement. To achieve a settlement, compromise is usually required by all parties.
- Cost-Effective Resolution
One of the primary advantages of mediation is its cost-effectiveness. Court proceedings can be prohibitively expensive, with legal fees, court costs, and other expenses quickly adding up. Mediation, however, typically requires fewer resources and can be completed in a shorter timeframe.
- Speedier Outcomes
Mediation offers a faster alternative to often-lengthy court proceedings. Traditional litigation can drag on for months or even years, prolonging the stress and uncertainty for those involved . Mediation conferences, on the other hand, can be scheduled relatively quickly, at a time and place convenient for both parties, and usually conclude in a day.
Kristy Nunn is a Director of Mullane & Lindsay and is the leader of our Litigation Team. She has over 20 years’ experience as a litigation lawyer.
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