In the commercial domain, there has been an increasing demand in mediation as a dispute resolution mechanism. This trend is attributable to the recognition among businesses of the inherent advantages afforded by mediation within the legal landscape. Mediation provides parties with a structured yet flexible forum facilitated by a neutral third party, the mediator, enabling them to collaboratively negotiate and resolve disputes outside of formal litigation proceedings.
Tag: Mediation
Differences between US and European styles of Mediation
Mediation practices can vary across different regions, including between the United States and Europe. While there are common principles that underlie mediation globally, there are also distinct approaches and characteristics.
Key features of mediation
In our earlier article we have presented the general overview what mediation is and its general characteristics. In this article we will focus more on the key features of mediation and their applicability.
Stages of Mediation
The mediation process typically involves several stages that guide the parties toward reaching a mutually agreeable resolution. Throughout these stages, the mediator plays a crucial role in facilitating communication, managing emotions, and guiding the parties toward a resolution.
Role of a Mediator
As a neutral third party a mediator plays a crucial role in the mediation process, facilitating communication, guiding negotiations, and assisting parties in reaching a mutually acceptable resolution. A mediator has no interest in the resolution of a dispute and shall remain impartial throughout the whole process
Types of Mediation
There are various approaches adopted towards mediation around the world,each with its unique characteristics and emphasis.
What is mediation?
In recent years, there has been an increasing tendency to rely on Alternative Dispute Resolution (ADR) means when resolving conflicts.One of these methods is Mediation.