What is mediation?

Mediation is a process to reach a solution. It is an alternative to litigation. It is available to resolve disputes in such diverse areas as banking, finance and commerce, business and family relationships therein.

Mediation costs less that going to court. Mediation is faster than a court proceeding. Mediation is private and details are not available to the public.

It can produce an acceptable solution to a dispute that lets both parties win and come away with respect. It is a first step and if an agreement cannot be achieved the parties can take other action like arbitration or legal proceedings.

What happens during mediation?

Each party openly discusses the issues, their concerns and the results of their dispute with the mediator. These discussions can be virtually or in person.

The mediator takes the information received and makes a plan with the disputants to get both sides of the issue to both parties. Where required, we work with other professionals - accountants, lawyers, investment advisors, etc., to help move the mediation along. 

The mediator works with both sides to come to a resolution that is agreeable with both parties.

Who would benefit from mediation?

Any parties in dispute that cannot seem to find a resolution or people that are willing to try a process to avoid costly alternatives (going to court, etc.).

What happens at an initial consultation?

To get started we meet (in person or virtually) individually with all necessary parties to discuss the issue(s). Based on those meeting findings we recommend a process/steps to get both sides talking - in person or through us.

What is the goal?

A win/win scenario is the goal of every mediation. Usually a meeting takes place with all of the parties to agree on a solution (sometimes more than one meeting may be necessary).

Follow-up

Where required we will follow up with all parties as to the steps agreed to in the mediation in order to ensure that all obligations are lived up to.  This will give the agreement a better chance of success.

Mediation FAQ