
Mediated Settlement
A mediated settlement is a process where a neutral third party, called a mediator, helps two or more parties in a dispute reach an agreement. Instead of going to court, they communicate openly with the mediator's guidance to resolve their issues amicably. The mediator does not decide who is right or wrong but facilitates discussion, identifies common interests, and helps them find a mutually acceptable solution. This approach often leads to faster, less costly, and more flexible resolutions compared to traditional litigation, while allowing the parties to maintain control over the outcome.