However, unlike litigation, Mediation allows you to maintain control over the outcome rather than leaving decisions up to a judge in a courtroom. While Mediation itself is not required by law for all divorce cases, there are aspects related to child custody and parenting time which can involve mandatory mediation.
Disadvantages Not compulsory; Concerns exist around the enforceability of a mediation agreement; All parties must agree to a resolution as the result is not guaranteed; Can be difficult if either party are withholding information; Mediation may not be appropriate if one of the parties required public disclosure;
More than 80 percent of mediations result in a settlement, and in most cases the process is significantly faster and less costly than arbitration. Mediation does not impose a solution and it is not binding until the parties reach and sign a settlement agreement.
OPEN-ENDED QUESTIONS MEDIATORS USE What brought us here today? ARE YOU ASKING THE RIGHT QUESTIONS? What would you like to see happen? What would your life be like if this conflict went away? What can you offer? What resolution can you live with?
Divorce mediation in California allows spouses to retain control over their divorce outcome rather than having their cases decided by a judge. Leaving important decisions to a judge means entrusting a stranger to make decisions that impact each party's post-divorce life.
One important aspect to consider is whether or not the decision must be binding. Arbitration decisions can be either binding or non-binding. This depends on the terms in the arbitration agreement. On the other hand, the results from litigation are always binding.
In other words, a party's right to refer a dispute to arbitration depends on the existence of an agreement (the “arbitration agreement”) between them and the other parties to the dispute that the dispute may be referred to arbitration.
Consumers are more likely to win in arbitration than in court. This research from ndp | analytics demonstrates that in disputes initiated by a consumer, consumers fare much better in arbitration than they do in litigation.
FINRA requires investors and other parties to file their arbitration claims via the DR Portal—except for investors representing themselves, who have the option to file by mail. If you are new to the DR Portal, please create an account. Login to the DR Portal and select “File a New Arbitration Claim” in the left column.
To give you an idea of the process that arbitration typically involves, the American Arbitration Association describes artibtration as having five main steps: Filing and initiation. Arbitrator selection. Preliminary hearing. Information exchange and preparation. Hearings. Post hearing submissions. Award.