The Convention, which entered into force this month, should allow courts in certain jurisdictions to recognize and enforce settlement agreements directly.
By Oliver E. Browne and Philip Clifford QC
Settling a dispute via mediation is one of the most time- and cost-effective approaches a party can take to resolve contentious issues. Mediation — a confidential amicable negotiation process facilitated by a third-party independent mediator — can be a very useful tool in the right circumstances.
Mediation’s effectiveness as a dispute