A reasonable settlement is much better than a good lawsuit- Abraham Lincoln.
After a successful mediation, what I love to see is parties are laughing and exchanging handshakes along with apologies.
There was this one mediation that I was co-Mediating which lasted to near midnight before we could settle.
There were four teams, and it was an accident compensation. They had the homeowners, the architects, the builders and the complainant.
It is an incredible experience as you can see how different people think. After several rounds of the joint and private session, we managed to reach a settlement that parties were pleased with the outcome. There was a stage where no one thought we would be getting one.
A case like this may take a much longer time to settle in Court, and also the cost involved, added to the fact an unpredictable outcome. At mediation, we could look at the issues affecting each party and workout resolution.
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