Mediation is an alternative dispute resolution method where an impartial third party (mediator) facilitates discussion between disputing parties to help them reach an agreement. It provides quicker and more affordable justice compared to traditional court litigation. The document discusses what mediation is, its benefits over litigation, key components like impartiality and confidentiality, and types of disputes where it can be effectively used. The conclusion states that mediation provides an amicable solution agreed upon by both parties in a timely manner, reducing courts' workload.