Mediation is a way to resolve disputes in a less formal, less rigid and generally more cost effective
manner than going to court. It allows both sides to talk candidly about their issues and bring all issues
to the forefront. Mediation is non-binding, the only binding element that can arise from mediation is
a negotiated agreement between the parties, but if that agreement is breached, they will most likely
still have to arbitrate or litigate. That being said, the cost savings of mediation and the opportunity
for alternate solutions that create gain for both parties, as opposed to a win/lose situation in
litigation, makes the process very appealing for small disputes.
