OVERVIEW OF BENEFITS FROM MEDIATION
Mediation is an excellent option
for creatively resolving or narrowing telecommunications, antitrust
and other commercial disputes. As a voluntary process controlled
by the parties, mediation has many advantages over litigation and
other forms of resolving disputes:
Saves time and money
- mediation is often much quicker and far less expensive, without
endless discovery, motions practice, extensive briefing, trial or
appeals.
High success rate
- commercial cases have a high success rate, and even narrowing
the issues can save significant time and money.
Creative results
- mediation is more flexible and can reach solutions that are far
more creative and desirable than other alternatives.
Restores or preserves relationships
- mediation avoids much of the animosity common in litigation, so
parties can resolve conflicts in a way that restores positive business
relationships or permits them to continue.
Confidential
- mediation is generally private and confidential; it allows more
control over the parties' public images and facilitates resolution
of a particular dispute in a way that does not affect other matters.
Control of outcome
- most importantly, mediation does not force an outcome that is
unacceptable to the parties, so there is no fear of a "bad" decision
by a third party. There are no winners or losers, and if a satisfactory
outcome cannot be achieved for all parties through mediation, they
can pursue other remedies.
High benefit, low risk
- in short, the high likelihood of a superior outcome, along with
the reasonable cost, minimal time commitment and control over the
outcome, means that mediation should be a preferred option to consider
for resolving disputes. Indeed, many thousands of the largest companies
in the country have made written pledges to first explore mediation
or other forms of alternative dispute resolution before pursuing
full-scale litigation.
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