Arbitration Dispute Settlement Procedure

Discuss About The Arbitration Dispute Settlement Procedure? Arbitration is the dispute settlement procedure where the impartial party (Arbitrator) is selected to study a case as well as hear both sides of the party so as to arrive at agreement; some of its features include law ; Mediation is the process where a mediator facilitates dialogue in a multi-stage manner to help both parties reach a conclusion plus satisfactory agreement. Its features include; Blain, N., Goodman, J., & Loewenberg, J. (1987). Mediation, Conciliation and Arbitration-An International Comparison of Australia, Great Britain and the United States. Int'l Lab. Rev., 126, 179. Cooley, J. W. (1985). Arbitration vs. mediation-explaining the differences. Judicature, 69, 263. Fisher, R. J., & Keashly, L. (1991). The potential complementarity of mediation and consultation within a contingency model of third party intervention. Journal of Peace finanacial Research, 28(1), 29-42. Sgubini, A., Prieditis, M., & Marighetto, A. (2004). Arbitration, Mediation and Conciliation: differences and similarities from an International and Italian business perspective.