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46  ■  JUNE 7, 2021                           OPINION




                           Mediation: Nothing To Lose


                                   and So Much To Gain


                                             By Deborah A. Reperowitz






































                  any  corporate  executives  and  in-house  parties. Mediators do not render decisions but
                  counsel believe they would be giving up  rather work to draw parties together by eliminat-
         Mrights, including their rights to a jury  ing obstacles to communication and guiding the
          trial and appeals, by engaging in mediation. This  process away from confrontation and towards
          is incorrect and demonstrates a misunderstand- reconciliation.
          ing of the distinction between mediation and        The goal of mediation is to resolve the parties’
          arbitration. Arbitration is similar to but more  differences through terms that are negotiated and
          expeditious than litigation in that discovery  agreed  to  by  the  parties. Thus, mediated settle-
          generally is conducted, and one or more neutral  ments tend to be business-driven, often involving
          individuals preside over a hearing and ultimately  non-monetary compromises in addition to, and
          render a binding, non-appealable decision re- sometimes instead of, monetary awards. Often
          solving the parties’ disputes. This article does not  the settlement terms reached by parties through
          address arbitration.                             mediation could not be fashioned by a judge,
            Mediation is a party-driven, confidential  jury or arbitrator.
          process through which an impartial person or        A  high  percentage  of  mediations  between
          “neutral” selected by the parties facilitates com- reasonable, well-prepared parties result in settle-
          munication and acts as a catalyst between the  ment, and parties who construct the terms of


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