Definition - What does Mediation mean?
Mediation is a type of Alternative Dispute Resolution (ADR) that resolves the dispute of one or more parties out of court. A third party known as the mediator assists the parties in negotiating a settlement agreement concerning a lawsuit.
Justipedia explains Mediation
Mediation is quite common in domestic relations disputes such as divorce, child custody, and visitation rights. Judges frequently order parties of domestic relations disputes to partake in mediation rather than to proceed in court. If an agreement cannot be reached during mediation, then the parties will go to trial.
Mediation is also relied upon in contract cases and other civil cases. There are professional mediators and lawyers who act as mediators. A mediator should be a neutral third party. While the mediator’s fee may seem substantial, it is highly likely that the mediator’s price is significantly lower than the cost of trial. Mediation can be very beneficial to those who wish to achieve an early settlement of the case.