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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Business disputes
- Processes for resolving business disputes
Mediation
Mediation is a process by which parties involved in a dispute meet to negotiate an appropriate resolution. The key feature of mediation is the mediator; an impartial person chosen by the parties to chair the meeting and conduct the process, assist the participants in negotiations and facilitate settlement.
Although fees are charged by the mediator and there are other expenses, it is an efficient, informal, flexible and less expensive way to resolve a dispute than litigation or arbitration. Mediation is confidential and attracts negotiation privilege.
There is no compulsion to reach an agreement at the conclusion of the process.
See Mediation.