Alternative Dispute Resolution

Descripción

Alternative Dispute Resolution Mind Map Assess three advantages and three disadvantages of mediation in comparison to arbitration or litigation Summarize five mediator qualifications Assess three advantages and three disadvantages of arbitration Summarize five arbitrator qualifications
melissa jackson
Mapa Mental por melissa jackson, actualizado hace más de 1 año
melissa jackson
Creado por melissa jackson hace más de 4 años
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Resumen del Recurso

Alternative Dispute Resolution
  1. Three types of negotiaton include: Mediation, Arbitration and Litigation.
    1. Three benefits of Mediation are: There is a neutral third party. Mediation is based on the information discussed on the meetings to determine a common ground, and the mediator has no control over the outcome of the communications.
      1. Three benefits of Arbitration are: There is a third party, not necessary a neutral party. Arbitration guarantees an outcome because an arbitrator has the authority to dictate settlement terms. There are two types of arbitration; binding and nonbinding, and in binding arbitration both parties agree to the arbitrator's conclusion.
        1. Three
        2. Three benefits of Litigation include: Litigation takes place when the two parties cannot agree or require a judgement, or has criminal conduct. Provides both parties with the ability to supply evidence to the claims. There is still a negotiation process before going to trial.
          1. Three disadvantanges are: Litigation cost more that both Mediation and Arbitration. Litigation usually takes longer to come to a conclusion. One or both parties may not be happy with the outcome.
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