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
Three types of negotiaton include: Mediation, Arbitration and Litigation.
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.
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.
Three
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.
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.