Assess three advantages and three disadvantages of mediation, assignment help

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Rkcybere26

Business Finance

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Create a Microsoft® Word document in which you do the following:

  • Assess three advantages and three disadvantages of mediation
  • Summarize five mediator qualifications
  • Determine three advantages and three disadvantages of arbitration
  • Explain five arbitrator qualifications

Total length 700 to 1050 words.

Use a minimum of three references.

Cite all sources according to APA formatting guidelines.

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Explanation & Answer

Here you go buddy.

Alternative dispute resolutions outline
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Assess three advantages and three disadvantages of mediation
Summarize five mediator qualifications
Determine three advantages and three disadvantages of arbitration
Explain five arbitrator qualifications


Running head: MEDIATION VERSES ARBITRATION

Mediation verses arbitration
Student’s Name
Institutional Affiliation
Date

1

2

MEDIATION VERSES ARBITRATION
Introduction

Mediation basically refers to the intervention of a given dispute with the aim of resolving
it. There are vast advantages brought about as a result of mediation. First, the process is
relatively inexpensive. This is because it does not require one to go through a trial. It basically
involves two parties coming to an agreement through consensus with the aid of arbitrator. It is
generally expensive to see a case go through a trial.
Secondly, the process is relatively swift. There is a vast pool of arbitrators readily
available to solve disputes via the web. Mediation sessions can be scheduled easily at any time,
unlike courts whose schedules are normally clogged. Moreover, mediation can take place at any
location at the convenience of the parties involved. Thirdly, the process is relatively simple.
Mediation neither involves complex procedures nor evidentiary rules. The general rule that is
applicable is fairness. If a particular party feels like they are not being treated fairly or equally
they may walk away from the mediation and seek alternative justice via the court systems (The
United States, 2007).
Disadvantages of mediation on their other hand include the following; first, the process
does not always result in conflict resolution. Parties may invest their time and money in the
process only to find out that their cases can only be settled in a court of law. Mediation is,
therefore, a risk because the outcome is unknown. Secondly, lacks the constitutional provided by
both the federal as well as the state courts. If there are disparities in terms of the resources and
power of the parties involved it may result in an inequitable settlement.
T...


Anonymous
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