Is family mediation legally binding?

The idea of mediation is to give each separating couple the tools and the process to discuss ideas about the arrangements they will put in place following their separation. Generally those arrangements will concern any children, where each party will live and how they will separate their money (but it isn’t limited to that and you can discuss any relevant issue in mediation). Each party needs to feel free to make suggestions and to openly discuss ideas they have, and their reservations. So neither party will be bound until such time as they are satisfied that they wish to be bound by an agreement. Once you reach this stage you can then take advice from lawyers about formalising the process, or you can seek to do this yourself if you wish.