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Is a mediated agreement legally binding?

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Is a mediated agreement legally binding?

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If you are involved in litigation and you mediate an agreement, your attorney and the opposing party’s attorney will finalize the document and file it with the court, and it will be binding as the settlement agreement. If you use mediation in place of litigation and do not have attorneys involved, and the outcome is a written agreement signed by all parties, that agreement is binding as a contract.

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