Mediation vs. Litigation: Pros and Cons of Each Dispute Resolution Method
When parties have a dispute, they typically turn to one of two methods to find a resolution: litigation or mediation. Litigation offers a formal, binding judicial process where a judge, jury, or arbitrator makes a decision concerning the outcome of the dispute. Jurisdictional rules and contract provisions dictate where parties must file potential lawsuits. Mediation is a more informal procedure…