Are Mediation Agreements Legally Binding?
Yes mediation agreements are legally binding. During the mediation the mediator will help the parties draft minutes of settlement that are not binding upon the parties. The mediation agreement is drafted by the parties’ lawyers and is a binding contract. If the parties have lawyers at mediation the mediation agreement may be drafted and signed at the mediation. If the parties do not have a lawyers the mediator will help the parties draft their agreement into unsigned non binding minutes of settlement to be drafted into an agreement by their lawyers.
Check out the Wakely Mediation & Negotiation Blog
[metaslider id=6]