You need the Flash 8 plugin to view this banner.
Bookmark and Share
Tuesday, November 20th 2018
You need the Flash 8 plugin to view this banner.
UK (England and Wales)
Register

Enter your email address to receive FREE global mediation news



Unsubscribe

Sponsors





Find out more >>


Featured Global Network Partner



Find out more >>

Find out more >>




Home > Country profiles > UK (England and Wales) > News > Detail






Commercial Mediation Market growth shoots up by 20%

Wednesday, 12th July 2018

"The key finding from the 2018 CEDR Mediation Audit is that 12,000 commercial mediations (excluding small claims mediations) were performed in the last 12 months, an increase of 20% on 2016.

The biennial audit shows that in the last 12 months £11.5 billion worth of commercial claims were mediated and that through mediation this year businesses will save £3 billion in wasted management time, damaged relationships, lost productivity and legal fees. As a profession, Mediators and Service Providers in the last year earned £30 million giving a 100:1 return on investment for the UK economy.

The results of the Audit, which is conducted every two years, were announced at a special event at Norton Rose Fulbright in last night London. The Audit received 336 eligible responses from practicing mediators and was conducted alongside a survey of lawyers who use mediation, giving a useful client perspective. The Audit is made possible through collaboration with the Civil Mediation Council. This 2018 Audit was conducted in partnership with the International Institute for Conflict Prevention and Resolution (CPR) who added international mediators to the survey so a transatlantic mediation audit report will be published in September 2018.  

Some of the key findings from the UK Audit are as follows:"

Read in full:  


Web-link: http://www.cedr.com/news/?item=Commercial-Mediation-Market-growth-shoots-up-by-2...
Language: English


< Back