Advantages of Mediation
Mediation has a number of advantages over litigation processes:
Consensual – The parties must agree voluntarily to enter into mediation. It cannot be forced on one party by the other.
Successful – Over 85% of cases referred to Sport Resolutions for mediation settle the dispute. It is a proven winning formula.
Speed – Most mediations are arranged within a few weeks, compared with months or sometimes years in the case of litigation.
Cost – mediation saves considerable management time and legal costs.
Control –The parties retain control and are involved in the decision making process; they do not hand over control to a judge or arbitrator.
Relationships – Mediation can maintain sporting and business relationships far more effectively than litigation because it is a non-adversarial process which facilitates communication between the parties.
Settlement Options – A wide variety of settlement options can be achieved in mediation over and above monetary settlements. At the end of the process these can be written into a settlement agreement that is binding on the parties.
Informal and flexible – Mediation is a common sense and straight forward process of negotiation.
Without Prejudice – Parties have nothing to lose in trying mediation. Litigation can commence or continue if mediation is unsuccessful and nothing revealed in mediation can be used in any subsequent court or arbitration proceedings.