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The purpose of Mediation is to have the parties sit down with a neutral third party who tries to facilitate a monetary or other settlement to the dispute. Neither party has a legal obligation to settle the dispute, and any statements made during a Mediation are not admissible evidence in the event no settlement is reached. Mediation can be a highly efficient, cost-effective tool.
It can conclude quickly, or it can take several hours as the mediator conducts multiple rounds of shuttle diplomacy between the parties. After many hours, the parties feel personally invested in the process and neither wishes to leave without settling the dispute. It is important to remember, however, that because the mediator’s job is to get a settlement, regardless of its terms, it is up to you to determine if you can live with the settlement terms. In the event, the Mediation fails, and an Arbitration provision is not contained in the contract, you can enforce your rights in a court of law
We can act as a third party to help guide your company through the difficult process of settling workplace disputes and government agency charges. Let us help you by providing the education and expertise you need in today’s ever-changing HR world.
Binding Arbitration provisions, on the other hand, are a substitute for the formal process of a court. Binding Arbitration is typically conducted in front of one or three arbitrators and the Arbitration is much like a mini trial with rules of evidence. Arbitration typically proceeds somewhat faster than a case in court, and typically at a somewhat lower cost in attorney time and expense. The result of the Arbitration is final.
We can advise you and help prepare for the arbitration process. Let our experts help you prepare.