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Mediation and arbitration
1. Mediation
The goal of mediation is for a neutral third party to help disputants come to a consensus on their own.
Rather than imposing a solution, a professional mediator works with the conflicting sides to explore the interests
underlying their positions Mediation can be effective at allowing parties to vent their feelings and fully explore their grievances
Working with parties together and sometimes separately, mediators can try to help them hammer out a resolution that is sustainable, voluntary, and nonbinding.
2. Arbitration
In arbitration, a neutral third party serves as a judge who is responsible for resolving the dispute
The arbitrator listens as each side argues its case and presents relevant evidence. tnen renders a binding decision
The disputants can negotiate virtually any aspect of the arbitration process, including whether lawyers will be present at the time and which standards of evidence will be used
Arbitrators hand down decisions that are usually confidential and that cannot be appealed.
Like mediation arbitration tends to be much less expensive than litigation.
3. Litigation :
The most familiar type of dispute resolution, civil litigation typically involves a defendant facing of gainstap before either a judge or a judge and Jury.
Ihe or the jury is responsible for the evidence ant making ring The information conveyed.
Lawyers dominate litigation, which often ends in a settlement agreement during the pretrial period of discovery and preparation