Richard is Litigation attorney with over 25 years experience managing consumer and... more
Richard is Litigation attorney with over 25 years experience managing consumer and creditor law firms and the legal department for a Chapter 13 Trustee. Richard Welt is a highly experienced, results-oriented attorney, manager, mediator and Certified Fraud Examiner with proven success in directing legal organizations with multi-million dollar revenue bases. He applies keen business acumen to mar... view profile
The mediation process can help you resolve disputes without going to court. In a mediation proceeding, a neutral third party (a mediation lawyer or mediator) meets with you and the person you disagree with. Mediators are trained to find mediation solutions in legal disputes, including divorce mediation and business disagreement mediation. The mediator acts as a facilitator, helping you negotiate until a solution is found. Mediation is the most informal process for dispute resolution and is usually the least expensive method. The drawback is that, unlike an arbitrator in arbitration, the mediator does not make a final decision. So, unless the parties agree and enter into a settlement agreement, the mediation can end without the dispute being solved.