Why is mediation better than arbitration?

Why is mediation better than arbitration?

Resolving a dispute through arbitration is less time-consuming than going to court, but mediation is a significantly faster alternative. People are attracted to arbitration in part because they needn’t wait for a trial date or work around a court’s calendar.

Is a mediator decision binding?

The non-binding nature of mediation means also that a decision cannot be imposed on the parties. In order for any settlement to be concluded, the parties must voluntarily agree to accept it. Unlike a judge or an arbitrator, therefore, the mediator is not a decision-maker. Mediation is a confidential procedure.

How does a mediator work in divorce?

In divorce mediation, you and your spouse—or, in some cases, the two of you and your respective lawyers—hire a neutral third party, called a mediator, to meet with you in an effort to discuss and resolve the issues in your divorce. Most mediations end in a settlement of all of the issues in your divorce.