Mediation is a voluntary, informal and confidential procedure for dispute resolving, in which a neutral third party - a mediator assists the disputing parties in reaching a mutually acceptable agreement by themselves and by their own will.
Mediation advantages
- The parties themselves specify their interests and priorities
- The parties themselves control the result of the procedure
- Mediation preserves and restores the relationship of the parties
- Dispute resolving by means of mediation saves time
- Mediation is cheaper than legal proceedings
- Mediation takes places in a friendly and sympathetic environment at a time that is convenient for both parties
- Any conversations and agreements between the parties remain confidential
- The registered per cent of agreements that have been reached by means of mediations is high
- Mediation is the procedure where no other person imposes their will on arguing parties and there is no losing party
Disputes that may be resolved by means of mediation
- commercial disputes – between traders; related to commercial transactions; membership in commercial companies, banks, financial disputes, competition, intellectual property, etc.
- insurance disputes – insurances, insurance indemnification payment, etc.
- employment disputes – employment contracts – termination, compensations, remunerations, lenght of service, etc; collective employment contracts
- unauthorised impairment – property and non-property damage
- disputes concerning tenancy relations – rental price, damages, tenant ejectment