Generating a settlement is one of the purposes of mediation but it is not the only one. It also gives parties the ability to explore options which are not available in the courtroom environment. Mediation gives parties more control over the process and outcome of their dispute.
An example of this is that parties may agree to simply swap property. They may want to have non-compete agreements drawn up. These are things which a court usually cannot provide. The flexibility in mediation means that more can get done for less money.
You Save Money
The bottom line is usually money. Mediation in Melbourne can help both parties save plenty of money. I was recently watching a movie where the main character was conferring with an attorney about some legal issues he had. The attorney said that his retainer was $30,000 but if the case went to court then he should add another zero to that price. Granted these prices do not reflect what you will be paying in your case but you get the idea. Going to court raises costs exponentially.
You Save Time
Since time is money this paragraph may seem redundant. But, for some people time is more valuable than money. For instance, instead of sitting in court battling over the details a person could be spending time with loved ones. That is something money cannot buy. We all have a limited number of heartbeats. Spending thousands of them in a courtroom is nobody’s idea of a good time.