What guidelines should parties follow when engaging in mediation?

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What should parties consider when negotiating a mediated settlement?
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Is mediation binding on the parties involved?
Can mediation be used to address property disputes?
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How does the mediator help the parties reach an agreement?
How much time should be allotted to each side during mediation?
What happens if the parties reach an impasse during mediation?
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Is the mediator allowed to provide legal advice to the parties?

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