Understanding Mediation: A Deep Dive into Its Meaning and Benefits

meaning of mediation
  • Cost-Effectiveness: Mediation can be significantly cheaper than going to court. Parties can often save money on legal fees, expert witnesses, and other costs associated with litigation.
  • Time Efficiency: Mediation can be faster than going to court. The parties can typically schedule mediation sessions at a convenient time rather than waiting for a court date.
  • Confidentiality and Privacy: Mediation is a private process, so details of the dispute do not become a matter of public record. This can be especially important for parties who want to keep confidential information out of the public eye.
  • Control and Flexibility: In mediation, the parties have much more control over the outcome than they would in court. As a result, they can explore creative solutions that may not be possible in a courtroom setting.
  • Preserving Relationships: Mediation can be less adversarial than going to court, which can help preserve relationships between parties. This is especially important when the parties must continue working or living together after resolving the dispute. Conclusion
About the Author:
Ken Maynard CDFA, Acc.FM

I assist intelligent and successful couples in crafting rapid, custom separation agreements that pave the way for a smooth transition towards a secure future. This efficient process is achieved in about four meetings, effectively sidestepping the excessive conflicts, confusion, and costs commonly linked to legal proceedings. Clients have the flexibility to collaborate with me either via video conference or in-person through a DTSW associate at any of our six Greater Toronto mediation centers, located in Aurora, Barrie, North York, Vaughan, Mississauga, and Scarborough.

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