What is the role of a mediator in business litigation?

A mediator plays an important role in business litigation in Virginia. A mediator is an impartial third-party who is brought in to resolve a dispute between two or more parties. They are tasked with helping the parties reach an agreement that is mutually beneficial and agreeable. The mediator has a duty to remain neutral and provide unbiased information and advice to both sides. They are trained to maintain objectivity and remain impartial throughout the process. They also provide an opportunity for the parties to explain their points of view and help focus on the core issue of their disagreement. The mediator is also responsible for facilitating communication between the parties, ensuring any agreements are valid and binding, and helping to narrow down the range of options available to the parties. Often, they can help the parties reach a solution by identifying the best possible outcome for both sides. Overall, the role of a mediator in business litigation is to help identify potential solutions, encourage productive communication, and create a productive environment for the parties to reach an agreement. They are also responsible for helping the parties reach a binding agreement that is mutually beneficial.

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