Dennis Lanahan practices mediation under the firm name of Lanahan Resolutions and is a Certified Superior Court Mediator who specializes in Contract, Business Disputes, and Agricultural matters. With 50 years of experience, Dennis has a strong background in business, accounting, and tax law. He may be reached at email@example.com, and information about his practice can be found at www.lanahanresolutions.com.
What Happens at a Mediated Settlement Conference?
A trained, neutral person called a mediator will help the parties and their attorneys discuss their dispute and search for an agreement. To begin the conference, the mediator will explain the mediation process and may ask the attorney for each side to describe the case from their point of view. The parties may then go to separate rooms and discuss the case with the mediator individually, or everyone may discuss the dispute as a group. If the parties reach an agreement, their attorneys will put the agreement into writing or the mediator will prepare a written “memorandum of agreement” stating the agreed-upon terms. The agreement must be signed by the parties.
10 Reasons to Meditate:
1. Mediation is less expensive than a trial.
The cost of the mediator is usually split between the parties. That cost is usually much lower than the cost of a trial.
2. Mediation is fair and neutral.
The parties are the decision-makers in mediation. The Mediator only presides over the process.
3. Mediation saves time and money.
The cost of a trial is many times more than mediation.
4. Mediation is confidential.
All negotiation and testimony are confidential.
5. Mediation avoids litigation.
The cost of mediation is less than a trial with the certainty of knowing the outcome.
6. Mediation fosters cooperation.
Mediation fosters a problem-solving approach to the dispute.
7. Mediation improved communication
The atmosphere of the mediation is and open whereby the parties can discuss the issues at issue and seek mutually agreeable solutions.
8. Mediation helps to discover the real issues in the case.
Parties sharing information can lead to a better understanding of the issues affecting the parties.
9. Mediation allows you to design your own solution.
The mediator as a neutral third party assists the parties in reaching a voluntary, mutually beneficial solution. Mediation can resolve all issues important to the parties, not just the underlying legal dispute.
10. With Mediation, everybody wins.
Surveys have shown that 91% of the parties to mediation would use it again.