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Differences Between Arbitration And Mediation

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Differences between Arbitration and Mediation: Arbitration occurs when a neutral third party “hears a dispute and imposes” (Miller & Cross, 2013) their decision on both parties. Mediation transpires when an unbiased third party works with both sides to “facilitate a resolution” (Miller & Cross, 2013). Arbitration and mediation both work to find a solution to the conflict between two parties; but arbitration differs from mediation through the role of the neutral third party, the formality of the process, the discovery period of a case, and the type of decision. In both arbitration and mediation there is an impartial third party. In arbitration, there tends to be more than one arbitrator. In arbitration, there is a “panel of multiple arbitrators” (“Mediation”, 2015), where one arbitrator is chosen by each side. Afterwards, the two arbitrators then “select a third” (“Mediation”, 2015) to complete the panel. The panel’s role in arbitration involves coming to decision after hearing parties “testify under oath” (“Comparison”, 2015) and examining the evidence presented. Unlike arbitration, mediators help both parties with the “discussion and eventual resolution” (“Mediation”, 2015) of their conflict and case. In a mediation, both parties select a mediator to help create more understanding, which tends to be a less formal process than that of an arbitration. The formality of an arbitration and a mediation varies due to their nature. An arbitration is a

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