Mediation

Although mediation is generally considered to be less expensive than litigation, this assumes that the mediation is successful.  An unsuccessful mediation can be pretty costly and then fail to save any litigation costs.  Mediation can be expensive because the parties often need to pay for the mediator’s time in reviewing the mediation statements, preparing for the mediation, and attending the mediation.  And parties also need to pay for the costs of their attorneys to draft the mediation statements, and prepare and attend the mediation.