Mediation is a process with guided negotiations, where both parties try to reach an agreement and resolve their dispute. It is a process aided by a mediator. Settling disputes through mediation can save money, eases the court load and more often than not it leaves parties in a better state of mind. There are a number of other significant benefits of mediation.
Here are eight benefits of Divorce Mediation;
Prior to attending mediation, the parties will exchange information through counsel. This may be accomplished through either a formal or informal discovery process. This information is then analyzed and used to create an Inventory and Appraisement to accurately identify the estate and propose settlement offers.
During mediation, the parties may be placed in separate rooms to allow for private discussion with counsel; and the mediator will speak to each side to help facilitate an agreement. Having the involvement of an impartial mediator is a tremendous benefit, as this encourages an amicable result. Depending on the complexity of the issues and the parties’ willingness to negotiate, a Mediated Settlement Agreement may be reached in less than one business day. Schedule a consultation with an attorney to discuss whether a mediation may be a good fit for your case.
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