Defining mediation and arbitration.
Mediation is a voluntary method of settling disputes. A neutral third party, a mediator with no decision-making authority, assists the parties in negotiating a mutually beneficial settlement. It has been called "no-fault conflict resolution" because the goal is to reach a solution fairly and quickly, not to decide who is right, or who is wrong, in a costly court battle.
Mediation is also strongly favored due to its flexible format and the confidentiality of the process. We endeavor to bring neutrality and creativity to each case. We hold mediations in our offices to establish a safe and impartial environment. Attorneys are welcome to join the proceedings and we encourage parties to seek legal advice throughout the process.
Three Little Pigs on mediation>
Arbitration is a method of settling disputes. In arbitration, a neutral third party presides over the process and is responsible for rendering a binding decision for the parties. The arbitrator typically has knowledge in the subject matter of the conflict and is responsible for steering the process. Many contracts now require arbitration in lieu of court litigation; this allows the opportunity to preserve business partnerships and relations.
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© CMG Foundation, 2012