Small claims mediation: biting the bullet — taking a commercial view
Litigants should give serious consideration to the possibility of settling small claims using the free mediation service, which has a number of things going for it, not least reduced legal costs.
The advantages of alternative dispute resolution (ADR) are well documented, with the most obvious benefit being that — where successful settlements are reached — disputes are generally resolved more quickly and at less cost to the parties than if a result had only been achieved at trial.
The Civil Procedure Rules (CPR) recognise the need for litigation only to be brought as a measure of last resort, and the courts have taken an active role in promoting ADR by implementing cost sanctions against parties that unreasonably refuse to participate…
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Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
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