Here is a quote regarding mediation.
Your good lawyers realize that a good settlement is worth more than a good (jury) judgment. They don’t appeal the settlement, and you get it quicker. If you can get just as much in six months with mediation as you’re going to get in two years with a two- or three-week trial, you’d be foolish not to mediate the case. Tom Conway
The reality is good lawyers on both sides realize a good settlement is far better than a great trial result. In my view, trial is like being a participant in an ironman competition. You have just finished a 26 mile marathon, and now you are getting ready to swim and bike. You had a long journey, but by no means is the challenge over.