It is much cheaper than court cases.
We have a high rate of settlement between disputing parties, we have settled 75% of cases on the same day, and a further 11% being settled within two weeks of the initial date. As a result, the mediation process is a quick and cost-effective solution.
It is much cheaper than alternative methods of resolving disputes such as adjudication, arbitration or court proceedings. Its cost-effectiveness means that an already stressful situation is not worsened by accruing hefty legal fees.
Mediation is much quicker than if a dispute was to go to adjudication or court, with most mediation sessions resulting in agreements on the day. A swift resolution allows both parties to put a stressful episode behind them and get on with their lives.
It is not as formal as a court hearing or adjudication where a person can be stressed.
Mediation is private unlike court proceedings; it may be in the best interests of one or both parties to keep any agreement confidential.