Mediation is an informal dispute resolution process in which a neutral third party, known as a mediator, helps disputing parties reach an agreement. Mediators facilitate negotiation and settlement by providing direction and encouragement, working collaboratively with the parties and finding creative ways to reach a mutual solution. The mediator has no power to impose a decision on the parties and the mediator’s decision is not binding.
Mediation is growing in popularity since it is often a speedier, less costly alternative to trial. Mediation is employed in a variety of disputes including family law, real estate and contractor disputes.
Alternative dispute resolution, ADR, arbitration, conciliation
The divorcing couple turned to mediation to settle their dispute.