Dispute Resolution Flashcards
What is Mediation?
Mediation is a confidential process whereby parties to a dispute invite a neutral individual to facilitate negotiations between them with a view to achieving a resolution of their dispute.
Advantage of Mediation
The Mediator does not take sides or make decisions.
Disadvantage of Mediation
The Mediator has no power - parties must be willing to compromise.
What is Arbitration?
Arbitration is a legal proceeding under the Arbitration Act. The arbitrator reaches a decision on the basis of evidence before him or her sometimes at a formal hearing. The arbitrator can call for discovery of documents and interprets the evidence.
Advantage of Arbitration
The process is confidential.
Disadvantage of Arbitration
No appeals: the arbitration decision is final.
What is Adjudication?
Adjudication is a method of dispute resolution used in the UK. The UK Housing Grants, Construction and Regeneration Act 1996 gives any party to a construction contract a right to have any dispute decided at any time by adjudication.
Similar working to Arbitration.
Advantage of Adjudication
The process is quick: the adjudicator has 28 days from appointment to make a decision. If both parties agree then a 14 day extension can be applied.
Disadvantage of Adjudication
28 day period limits detailed analysis and investigation into the case.