ADR

Question 1

7 characteristics of arbitration

Answer 1

Contractual

Award final and binding

Outcome decided by specialist arbiter

Formal proceedings

Evidence includes statements of case, written submissions and doc evidence

Outcome of arbiter is imposed on parties

Private and confidential

Question 2

Forms of ADR

Answer 2

Arbitration

Mediation

Question 3

Key features of Mediation

Answer 3

Confidential and without prejudice

Parties can walk away anytime

Strict rules of evidence don’t apply
Mediator is neutral

Final outcome is non binding until signed by both parties

Informal proceedings