Mediation in particular is becoming increasingly common as a means of settling disputes out of court.
Mediation allows disputing parties to settle their disagreements with the help of a trained mediator at a fraction of the cost of going to court. The approach is less confrontational and enables both sides to maintain greater control of the proceedings. Mediation also gives parties greater flexibility in finding a commercial resolution that works for them. Parties are usually accompanied by their own legal advisers and the structure of the day is flexible and can be tailored to suit the individual circumstances.
Our team has succeeded in settling the vast majority of cases that we have taken to mediation over the last year, including complex multi-party mediations that we have been involved with. We are able to attend mediation in person and have also used several remote platforms to mediate in more recent months. Mediation is proving to be an effective tool to resolve even the most acrimonious commercial disputes.
Our recent experience includes:-
- Successfully settling a remote tri-partite mediation that disposed of two claims involving three parties, an insurer, and four sets of lawyers;
- Successfully setting a claim at mediation on behalf of a Claimant claiming £1.6m on a product liability claim in the oil and gas sector;
- Successfully settling complex misfeasance actions on behalf of directors at mediation.