Alternative dispute resolution methods
Negotiation
If you have a disagreement with another party, you may wish to meet to discuss a mutual agreement to resolve the problem. This is referred to as negotiation and it allows both parties to work
together to come up with a solution to a dispute. You may wish to hire a lawyer to help you negotiate or to negotiate on your behalf so you can ensure that your interests are effectively
communicated to the opposing party.
Mediation
Even after litigation has commenced, either party may request to initiate mediation. Mediation is an alternative dispute resolution method that involves an unbiased and impartial third party,
called a mediator, that assists the parties in reaching a voluntary solution.
The purpose of mediation is not to decide who is right or wrong. Instead, an informed mediator will provide their insights on a dispute to help both parties find a solution that satisfies everyone
involved. Mediators are not appointed by the court, so parties may choose to select a mediator who is knowledgeable in the subject matter.
Arbitration
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Arbitration is a more formal alternative dispute resolution method that is similar to traditional litigation. In an arbitration hearing, parties may choose to have a lawyer speak on their behalf.
The process also involves one or more arbitrators, who are often experts in a particular industry or area of law that are selected to act as decision-makers and hear both parties and their
witnesses.
Unlike agreements made through mediation, arbitrators can make a decision that is legally binding based on applicable laws and the evidence of the case.
Arbitration is also different from litigation because it takes place in a private setting rather than a public court. Unlike litigation where one party may force another party to litigate a dispute
in court, private arbitration must be mutually agreed upon by both parties.