Mediation a method of alternative dispute resolution parties to
any agreement should consider, aside from arbitration. Mediation is
essentially a negotiation facilitated by a neutral third party.
Unlike arbitration, which takes a form more similar to trial,
mediation doesn't involve decision making by the neutral third
party, but seeks to find a mutually acceptable resolution or
compromise between the parties. Mediation procedures can be
initiated by the parties or may be compelled by legislation, the
courts, or contractual terms. When parties are unwilling or unable
to resolve a dispute, one good option is to turn to mediation.
Mediation is generally a short-term, structured, task-oriented, and
"hands-on" process.
