Clients want certainty in the outcome of their litigation. Despite this, there is often hesitation by BigLaw and their clients to embrace early mediation, despite the fact that only mediation provides that certainty in terms of the amount of any resolution, and the express terms that one or more of the parties may need. According to international mediator and arbitrator Nigel Wright: “While some might argue that bilateral negotiation can deliver the same result, in reality bilateral negotiations that need to address both the amount and specific terms typically occur later in the litigation cycle, and often drag on for many months even after apparent settlement. For corporate counsel, mediation presents an opportunity to have direct discussions with their counterpart and establish the real issues in dispute, while holding out the possibility of earlier resolution.”

Follow Mediation Week 2020 resources here and by searching for the official hashtag on social media: #MediationWeek2020.

 

Watch This: 

In this program Terry Williams, Head of Client Finance Operations for Hogan Lovells, and Miles Mediation & Arbitration neutral Joe Murphey discuss Terry’s predictions for the role of ADR and mediation in the global legal market in the short, medium and long-term future. 

 
 
This program is available for 1.0 CLE credit hour in the following states: Georgia, North Carolina, Florida, Alabama, and Ohio. To apply for CLE credit for this program, please submit here. You must view the entire program. Be sure to select the correct CLE program and include your full name, contact information (email and phone number), and your Bar number. We will not accept CLE credit submissions after Friday, October 30 at midnight. For questions, please email events@milesmediation.com.
 
 

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