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This person is called the arbitrator. The decision of the arbitrator is final and the parties involved usually agree to be bound by the decision. If no agreement is present the decision can be appealed to court.
Mediation and Conciliation
The parties choose a neutral third party in mediation. In conciliation the party chooses an interested third party. The mediator or conciliator does not have the power to make decisions. This person will assist the parties involved in the dispute in reaching a settlement. If mediation is successful a settlement is reached. If mediation is not successful the case goes to trial...
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Common topics in this essay:
- Alternative Dispute Resolution (ADR)
- Alternative Dispute Resolution Methods
- Alternative Dispute Resolution Summary
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