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10 March 2016


 March 10, 2016

The World Bank recently reported that Singapore is the fastest and cheapest place in the world to litigate. Cases take an average of 150 days to process and cost an average of 25.8% of the value of the claim. If these are supposed to be good results, you can picture what a bad result looks like.

A recent matter settled at mediation had been rumbling along for three years and had already cost the parties a total of three times the value of the claim.  We encourage people to consider mediation as early as possible in a dispute because the alternative, apart from the stress and damage to working or personal relationships, can be very unattractive.

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