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Abitration ensures that there will be a final result. And is faster and cheaper than litigation. Parties in arbitration give up certain rights including Discovery(evidence from opposing side before trial) and class action(large group of people who have suffered similar harm).
Mini trial-parties agree to stage a short trial before a panel of three judges(2 executives of corporate parties an 1 neutral advisor). Lawyers present shortened versions of their cases.
Summary Jury Trial- Mock trial made up of six jury and a presiding judge. The assumption is that once the parties and lawyers learn how jurors might react to trial they will be more likely to try ans settle...
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