Mediation is generally less expensive than litigation or arbitration. The average cost of mediation is about 20-50% less than the average cost of litigation or arbitration. (Source: American Bar Association Section of Dispute Resolution, "ABA Dispute Resolution Practice Tips: Mediation" (2019))

Mediation can be completed much more quickly than litigation or arbitration. The average length of a mediation is around 1-2 days (though many of Gogo mediations are just 1/2 day), compared to months or years for litigation or arbitration. (Source: American Bar Association Section of Dispute Resolution, "ABA Dispute Resolution Practice Tips: Mediation" (2019))

Mediation proceedings are confidential, which means that the parties can discuss and negotiate without worrying about the information being disclosed to the public or to their competitors. (Source: American Bar Association, "The Pros and Cons of Mediation in Business Disputes" (2020))

Mediation allows the parties to have more control over the outcome of the dispute, rather than leaving it in the hands of a judge or arbitrator. This can result in a more satisfactory outcome for both parties. (Source: American Bar Association Section of Dispute Resolution, "ABA Dispute Resolution Practice Tips: Mediation" (2019))

Mediation has been shown to result in higher settlement rates compared to litigation or arbitration. The settlement rate in mediation is approximately 85%, whereas the settlement rate in litigation or arbitration is approximately 50%. (Source: American Bar Association, "The Pros and Cons of Mediation in Business Disputes" (2020))

Mediation can help to preserve the reputation of the parties involved in the dispute. In a survey of in-house counsel, 85% of respondents said that mediation was a more effective means of preserving their company's reputation compared to litigation. (Source: "The Value of Business-to-Business Mediation," by John Lande, Ohio State Journal on Dispute Resolution (2009))