Anyone who has done much securities arbitration work knows about FINRA's mediation program, and of course mediation can be arranged directly by the parties without involving FINRA.
But what about mediation of discovery disputes? This emerging field invokes mediation for use in discovery of electronically stored information, sometimes referred to as e-Mediation. The potential benefits include reducing motion practice and fights over discovery, particularly over electronically stored information. That can save time and money. Such mediation can be issue based, not time-based to control costs.
An e-Mediation process to is worth a look and could benefit all sides (and the court or arbitration panel) under the right circumstances.
News and commentary from the Financial Services attorneys at Preti Flaherty.
