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Both settle disputes OUTSIDE of court, but they are not the same. MEDIATION VS ARBITRATION CLARIFYING THE DIFFERENCE.
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Nature of Resolution: Mediation seeks a collaborative and mutually beneficial solution, while arbitration results in a one-sided resolution. Mediation/Arbitration: What's the Difference?
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Dispute Resolution (ARBITRATION vs MEDIATION) Arbitration is a more formal dispute resolution process than mediation. Therefore, this practice is used when a legal matter has escalated to a
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Mediation is when a neutral third party helps parties overcome their negative feelings. Arbitration is different. That's when a neutral third party comes in and Mediation vs. Arbitration
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Mediation encourages both sides to collaborate and find a compromise with the mediator's guidance, keeping decision-making in What's the difference between mediation and arbitration? Watch the full Episode of Layman's Law School: Is Alternative Dispute Resolution Faster Than Litigation for Business Disputes? In today's business environment, finding efficient
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