Consider current case law, and the costs risks if you do not mediate.
Is this a dispute you want to settle? If so, then mediation is probably a sensible option.
Mediation is appropriate in nearly all cases - but there are some (rare) cases where caution is needed e.g. involving fraud or other crime, or if there is a significant imbalance of power between the parties.
Are you ready to start negotiations? Make sure you know enough about your case to be able to recognise its strengths and weaknesses so you can negotiate sensibly - this may be before or after disclosure of documents, but if before, consider the relative costs of the disclosure exercise and settling the case now.
6 point test: