The phrase "to mediate a settlement" means to help two or more parties involved in a disagreement to come to an agreement or a compromise with the help of a neutral third party. Full definition
In most cases, the only practical way for consumers to enforce mediated settlements or arbitration awards in their favour is to have access to a hassle - free refund of their money. (slaw.ca)
A well mediated settlement is one that results in a settlement that is voluntary and knowledgeable, and should always occur after each party has consulted an independently chosen attorney. (njfamilylaw.net)
Our industry experience provides us with the ability to assess strengths and weakness of claims at an early stage, and allows us to assess the costs and benefits of mediated settlements compared to litigation or arbitration. (glaholt.com)