Folks who have a dispute have options like arbitration or mediation to resolve it. Arbitration involves presenting your case to an arbitrator who makes a final decision, similar to a judge. Mediation involves a mediator helping the parties find an agreed solution, with no decision if no agreement is reached. The main difference is that arbitration has a third party making the final call, while mediation relies on the parties agreeing themselves.
1. Folks who come to a point of a dispute, and they want to
differences, have a few different options available. In this po
one option available for dispute resolution, called arbitratio
article we're going to compare and contrast the benefits a
arbitration versus the other available metho
2. By the end we'll arrive an appreciation of the advantages t
mediator provides in opposition to other available al
3. Although some confused people do opt for illegal strategies a
strategies, those are not what we, as good citizens, should to
consider the legal methods of dispute resolution, s
4. During the course of the arbitration process parties present
arbitrator in a similar way that they would a judge. While usin
services, the process is generally far less formal than in tri
principle remains the same- WIN. Make no mistakes, arbitrat
5. Once the arbitrator hears and considers the cases s/he m
primarily based on the proof presented, and an in depth und
law. The arbitrator applies the law to the case and decides on
of the parties. In other words, the magistrate declare
6. Mediation, on the other hand, involves a 3rd party, known a
mediation panel, that helps parties to arrange a jointly acce
their dispute. At the close of a mediation hearing there is
loser. Only if everybody agrees on a solution does the pr
decision. In case one side will not agree they can opt
disagreement to another platform of dispute reso
7. The most important difference between arbitration and me
who makes that final choices. In mediation the disputing
final choices, while in arbitration the arbitrator or arbitration
decisions.
