What happens if the parties reach a settlement during mediation?

The correct outcome when parties reach a settlement during mediation is that the agreement is reduced to writing and signed by both parties. This step is crucial because it formalizes the settlement terms, ensuring clarity and mutual understanding of the agreement. Having the settlement documented fosters accountability, as it serves as a legal record of the resolution reached, which both parties are obliged to uphold.

Other options do not align with typical mediation practices. For example, mediation is generally a private process, and if a settlement is reached, it does not require evaluation by a judge unless either party seeks enforcement later in a legal context. Similarly, the settlement is not subjected to a public hearing, as mediation focuses on confidentiality and resolution outside the public judicial system. Lastly, once a settlement is signed, it is binding and cannot be renegotiated without the consent of both parties, contradicting the notion of it being renegotiated unilaterally. This process underscores the importance of commitment to the agreed-upon terms to avoid future disputes.