Mediation is quick.
Most mediations can be held within a few days depending on the availability of the parties. Contrast mediation next week with many months spent working towards a court hearing. If time is money you need to resolve your dispute now, not next month or next year.
Mediation starts with an agreement to mediate.
Both parties agree to the process. Just agreeing to the process shows a willingness to find a cost effective agreement that will resolve the dispute.
Mediation improves communication with the other party.
Direct communication through a mediator reduces misunderstandings and allows parties to explain what led to the dispute.
Mediations result in solutions that both parties find acceptable.
A solution you can live with, it may not be an outright win but more importantly you leave the mediation having not lost.
Mediation is cost effective.
Because mediation is quick to get going and as a more direct process it saves time and money.
Mediation is confidential.
Privacy can be part of the deal. Only the parties need know how the dispute was settled.
Mediation can be beneficial to your future.
Planning for the future is difficult with a dispute looming. If the dispute can be resolved between the parties they often want to continue to work together in the future. Sometimes parties need to continue a relationship together and mediation helps them to set the ground-rules to allow that relationship to work.
Mediation allows parties to explain where things went wrong.
Mediation can give you the chance to have your say. Mediators are impartial and will not take sides they make sure each party has the same opportunity to be heard.
Mediation allows parties to explore the issues in dispute between them.
Mediation is a without prejudice process. This means that if at the end of the mediation if a resolution has not been achieved the offers and concessions made to help to resolve the issues are set aside leaving your free to use the court process.
Narrowing the issues of dispute.
Even if a resolution has not been found mediation still has a benefit. Parties can agree about exactly what it is they are in dispute about. By narrowing the issues between the parties legal costs and court time can be saved