Corporates value industry expertise over legal in mediation

General counsel favour commercial mediators above external lawyers as mediators, a survey has revealed.
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The research, which was conducted by the International Mediation Institute (IMI), said inhouse counsel felt that external lawyers were often an impediment to the mediation process, according to Lawyers Weekly.

Only 56 per cent required the mediator to have legal expertise with a further 38 per cent neutral with mediators saying the adversarial approach hindered the process. However, 78 per cent would turn to their external law firm for advice on who to appoint as mediator.

Corporates are seeking mediators with specific expertise in the core area of the dispute with industry expertise valued by most respondents whilst 77 per cent favoured a proactive mediator.

 

 

 

 

 

 


 

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