"Wisdom is knowing when to stay and when to cross over " (Hungarian proverb).
Ultimately, every mediation will involve each party in taking a decision; whether to settle or whether to continue the dispute.
That decision may involve the parties in an analysis of litigation risk. What are the chances of winning? What are the downsides of losing?
Assessing litigation risk can be difficult, even with good legal advice. Raptor Risk Analysis is a sophisticated on line tool for the analysis of litigation risk. Using each party's own analysis of the issues in a case and their own judgment of the chances of success on each individual issue, Raptor will represent the possible outcomes in the form of a probability tree and calculate:
The overall litigation risk in percentage terms.
The financial value, or cost, that Raptor puts on a particular case; the Raptor Value.
All mediation-1st mediators are trained in the use of Raptor Risk Analysis, and will use it in a mediation where appropriate, at no cost to the parties. Mediation-1st is the only mediation provider to be able to offer Raptor Risk Analysis to its clients without charge.