Blog 12, THE MEDIATION EXPERTS – Ninth Trait
In my previous blogs, I set forth the traits that THE MEDIATION EXPERTS are known for. The first trait was Calm and Patient. The second trait was Positive. The third trait was Reflective. The fourth trait was Empathy. The Fifth trait was Empowering. The Sixth trait was Impartial. The Seventh Trait was A Passion for Resolving Disputes. The Eighth Trait was Timely.
In this blog, I will address the ninth trait:
COST EFFECTIVE–The Mediation process conducted by The Mediation Experts is much less expensive than litigation or other processes. A mediation will cost anywhere from $750 to a maximum of $10,000. The average mediation will cost around $2-3,500. Litigation, which can take years to complete, can cost anywhere from $5,000 to a maximum of over 1 million dollars. The average litigation cost is around $60,000. Given that almost 90% of all mediations reach resolution, it is cost effective for The Mediation Experts to mediate the dispute.