‘Mediation is a popular and effective way in which to resolve a dispute. The alternatives of litigation or arbitration are sometimes not an appropriate mechanism to reach a resolution because, more often than not, the process ensures that one party walks away as the “loser”, with significant legal cost of their own lawyers and those of the winning party. Decisions may often be published (and proceedings may be open to the public and press depending on the forum) with the risk of associated reputational damage.’
Mills & Reeve, 29th September 2021
Source: www.mills-reeve.com
