From neighbourhood noise to property boundary disagreements, finding a solution to a dispute can be a challenge. The first step you need to take is to decide your plan of action, whether to opt for mediation or litigation. Although at first glance they may appear similar, each has it’s own advantages and costs. Finding out which is right for you is a crucial part of solving your dispute. Read on to find out more.
About Mediation
What is the mediation process?
Mediation involves an impartial third party who facilitates communication between disputing parties. It is confidential, quicker, flexible, and aims to reach a mutually beneficial solution.
What is the cost for mediation?
Mediation is much more cost-effective than litigation. Mediation fees are typically based on a daily tariff, starting around £2,000 per party for commercial cases. There are also fewer billable legal hours and less formal processes contribute to lower costs.
Mediation can often be completed within a day, unlike lengthy court proceedings which makes it overall more cost-effective.
With some mediation disputes, you can opt for fixed fees. For example, here at Mediator Location, we offer fixed fees for mediating disputes up to £50k.
About Litigation
What is the litigation process?
Litigation occurs in court, where a judge makes the final decision.
What is the cost for litigation?
Litigation involves substantial expenses, including legal fees, court costs, and administrative fees. Court backlogs can prolong the process, leading to much higher costs and moreover, litigation records are public, unlike the confidentiality of mediation.
With litigation, relationships are invariably destroyed in the adversarial court proceedings.
In summary, mediation provides quicker, confidential, and relationship-friendly resolution, whereas litigation is invariably to be more expensive, drawn out, formal and extremely time consuming.
With mediation, disputes can be resolved quickly and efficiently before issues polarise. Find a mediator easily with Mediator Locator and benefit from the power of mediation today.
About Mediator Locator
Our vision is to greatly increase access to the many benefits of mediation while promoting mediation as the primary method of Dispute Resolution.
Mediator Locator specialise in appointing skilled mediators to guide you towards resolving your dispute.
We offer the unique benefit that in the unlikely event you are unable to reach a settlement, our mediators may be able to provide a professional non-binding opinion on what they consider would represent a reasonable outcome.
Don’t wait… mediate.
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