Is 'Binding Mediation' a New Solution?

Foley Partner Russell Beck authored an article titled “Is ‘binding mediation’ a new solution?” in the December 31, 2008 issue of the Business Law Bulletin of Virginia. In his article, Beck provides insight into the structuring of a binding mediation, an alternative to litigation and arbitration where the mediator between parties holds the right to issue a final decision if negotiations between the parties prove unsuccessful.

* This article also appeared in the February 2, 2009 issue of Virginia Lawyers Weekly.