Commercial Mediation On The Rise

Commercial mediation on the rise? - Yes, I think this is correct. I see this not only in my own practice, but also hear it from various colleagues. Until recently, in conversations with colleagues, I emphasised the advantages of mediation in order to make this conflict resolution mechanism more appealing to potential users. I also always wondered why commercial mediation is still so rarely used, especially in German-speaking countries, but also in continental Europe in general. This is despite the fact that it offers most of the advantages that are often criticised in commercial or investment arbitration today: it reduces complexity to the essence, saves a great deal of time and human resources, is cost-effective and leads to more satisfactory solutions for both sides by enabling the parties to reach a compromise. This often allows the parties to maintain good business relations.