Counting the Cost of Mediation
By Matthew Rushton, JAMS International Blog, February 4, 2014
This post has been viewed 3,111 times.
This post has been viewed 3,111 times.
Mediation is recognised as a cost-effective form of dispute resolution. There are statistics to support this; a World Intellectual Property Organization survey found an average IP litigation case costs between $475,000 and $500,000, compared to mediation, where costs do not usually exceed $100,000. A Ministry of Justicereport on the use of judicial mediation in Employment Tribunals, meanwhile, found an average cost saving of 22%.
Read original articleTags: Dispute Resolution, judicial mediation, Mediation Mediation, World intellectual Property Organization
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