Mediation offers a less formal alternative compared to arbitration. In mediation, parties collaborate with a mediator, a facilitator, to achieve a mutually acceptable agreement. This process, characterized by its non-adversarial nature, allows parties to preserve their relationships while seeking resolution. Unlike arbitration, mediation outcomes are not legally binding on the parties.
In India, various laws mandate attempting mediation before resorting to court adjudication, exemplified by the Commercial Courts Act, 2015.Additionally, a Mediation Bill proposed in 2021 aims to formalise mediation laws and is presently under parliamentary review.
Innerwork Advisors LLP approach to mediation is tailored to harmonize case strategies with clients’ commercial objectives, prioritising cost-efficiency and timely issue resolution. By leveraging the expertise of skilled lawyers across various practice areas, Innerwork Advisors LLP develops customized strategies that offer clients precise, sector-specific guidance.
With extensive litigation experience, Innerwork Advisors LLP possesses a distinct advantage in comprehending the intricacies of each case and identifying critical elements that drive successful outcomes. This commitment to strategic alignment, combined with a deep understanding of legal complexities, underscores Innerwork Advisors LLP ability to deliver optimal results for their clients.