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Arbitration is a method of alternative dispute resolution. Which of the following best describes the process of arbitration? parties. b. Arbitration involves the parties or
Arbitration is a method of alternative dispute resolution. Which of the following best describes the process of arbitration? parties. b. Arbitration involves the parties or their legal representatives engaging directly in order to find some form of mutually acceptable the Arbitration normally requires that some compromises be made by both parties in order to reach a resolution. c. The parties meet before a neutral third person called an arbitrator. The arbitrator will usually be skilled in the area of the dispute. They are more active that mediator in that they will express an opinion about the relative positions of the parties and suggest possible solutions d. Arbitration requires the disputing parties to engage an independent third party to help them to arrive at an agreements binding. The role of the arbitrator is not to impose a solution but to help the parties explore the options availa the the involve any independent third party. Arbitration is the most similar ADR method to Court proceedings
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