How To Use
Mediations are a good beginning to ending a dispute.
Even if the mediation does not result in a final settlement, it tends to bring the parties together and often leads to a later settlement prior to trial.
This review list has been provided to inform you about this document in question and assist you in its preparation.
- Make multiple copies. Give one to each signatory. Keep one with the transaction file.
- Mediations are a form of negotiations and more advice is available in our Negotiations disc. In short, if the parties can work together in the future, then mediations should emphasize these future benefits and construct an agreement around these future opportunities (e.g., one party gives the other a discount off the price of future purchases).