mediation are not legally binding in the sense of being enforceable in a court, but many find that by using a third party they avoid the adversarial conflict and stress that can be generated by a full blown legal action.
The cost of mediation depends on what mediation you use, it is not free but usually cheaper than each party employing a lawyer. If you are looking at all the options available ask or request more information using our free legal family expert lawyer finder.
Remember that mediators are neutral and will not take sides. They will not give advice to either party. They will usually recommend that you obtain legal advice alongside the mediation process if required and will guide you as to when this should happen.Once you have proposals you both find acceptable the mediator will prepare a summary of them together with a summary of the financial information which will be sent to each of you. Ask one of our expert family lawyers for more information.