alternatives to court or tribunal Flashcards
mediation
A cooperative method of dispute resolution.Parties in conflict sit and discuss issues and develop options and alternatives with the aim of reaching an agreement
mediator
( relation to mediation)
independent third party that facilitates communication and encourages parties to reach an agreement without making suggestions
conciliation
cooperative method of dispute resolution
-third party
-assists party to resolve dispute
-makes suggestion
-speaclist knowledge
alternatives to court or tribunals
mediation
conciliation
arbitration
mediation and conciliation, when to use
whether relationship between parties will continue
parties willing to make an agreement
mediation and conciliation strength and weakness
strength- less formal, not legally binding decisions –> more relaxed
weakness –> one party may refuse to attend, (engagement) –>
arbitration
independent third party listens to both sides and makes a legally binding decision. Otherwise known as arbitral award.
-conducted in private
- less formal
- less expensive
appropriateness of arbitration
claim is less then 10,000 dollars
privately resolved
positive, negative to arbitration
positive - binding decision –> equality
negative - parties have no control over outcome