Mediation
Mediation is a form of alternative dispute resolution (ADR) in which a neutral third party assists the parties to reach a negotiated settlement of their dispute. It is a confidential and flexible process, where the parties retain control over whether to settle and the terms of any settlement.
Our priority is always reaching an agreement that is the best outcome for all involved. Our team of mediators has experience in a range of subject matters and offers sector-specific knowledge that is crucial to understanding both the environments that the parties operate in and their particular commercial pressures.
This means that we can get to the crux of the matter and focus on the key points that will assist in reaching a solution.
There are typically two types of mediation with which we can assist:
- Facilitative – A mediator facilitates an agreement between parties but does not evaluate each party’s position.
- Evaluative – A mediator assesses the claim and the strengths and weaknesses of a case.
The most effective mediations are those where the parties have taken the time to carefully prepare their position, consider the other party’s position, and weigh up the pros and cons of potential resolution options in advance of the mediation session.
Mediation allows parties to better understand each other’s position and work together to consider opportunities for resolution, with more control over settlement options compared to formal litigation proceedings.
It also supports:
- Cost saving over formal procedures
- A quicker resolution in as little as a few hours
- A voluntary, low-risk process which can be terminated anytime
- A high success rate with settlements in as many as 85 per cent of cases
- Flexibility to select a mediator and remain involved in the process
- Preservation of working relationships through a neutral intermediary
SP Mediation offers competitive, fixed-fee packages for half-day and full-day mediations, for cost-effective resolution of your dispute.
We can also offer mediation training for your organisation, either on-site or remotely. This could take the form of an overview of mediation to raise awareness of the process and its use, or it could be more specific, with topics such as guidance on preparing for a mediation, drafting effective opening statements, or preparing negotiating strategies.
Please contact us here for further information about the mediation process, including how to prepare for a mediation.