There are generally two potential outcomes to a mediation session.
1. The Parties Reach an Agreement
If the parties successfully reach a resolution, the mediator will prepare a Mediated Settlement Agreement (MSA) outlining the terms of the settlement. Once the MSA is signed by the parties and their attorneys, it becomes a binding agreement, and is not revocable by either party after signing.
The attorneys will then prepare the final legal documents necessary to implement the settlement and submit them to the court. This will include the Final Decree of Divorce and any other documents required to satisfy the terms of the MSA (such as deeds, titles to cars, etc).
2. The Parties Do Not Reach an Agreement
If the parties are unable to reach a settlement during mediation, the case will continue through the litigation process. In that situation, the mediator will notify the court that mediation was unsuccessful and the case will proceed toward trial.
Sometimes, however, mediation can still be valuable even when a full settlement is not reached, as it may narrow the issues in dispute and bring the parties closer to resolution.