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ARBITRATION
Arbitration is a form of alternative dispute resolution, which advocates the use of techniques in resolving legal disputes without the need for litigation. The guidelines of an arbitration hearing can vary between and among the parties. It is common that the parties will submit their dispute to a neutral or impartial person, or panel of impartial persons for a final and binding decision relative to the dispute. Arbitrators are often attorneys with an expertise in a particular field. The arbitration is a less formal procedure than a courtroom trial. It is often viewed as a less expensive and more time efficient forum in which to litigate a dispute.
MEDIATION
Mediation is a form of alternative dispute resolution, which advocates the use of techniques in resolving legal disputes without the need for litigation. A mediation brings the parties of the dispute together in an attempt to resolve their differences out of court. The parties will meet with a neutral person (the mediator) who will assist and/or advise them in reaching an agreeable resolution of their dispute. The mediator will not decide issues and/or make binding decisions, but will discuss separately with the parties their dispute and position in the claim in an attempt to reach a resolution acceptable by all parties.
If you need an arbitration or mediation lawyer, please Contact Peter Mathieu, ESQ
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