
06-13-2006, 10:47 AM
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Relationship Pro
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Join Date: May 2006
Location: Venus
Posts: 103
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nice article there Jen23. but i'll try to make it as simple as possible here;
arbitration and mediation are both options if a person doesn't want to go for litigation.
when litigating, you hire a lawyer and file a lawsuit and the opposing party will have to do the same. in short, litigation is the most expensive, tiring, emotionally draining option and unless and until judges/jury don't give their decision, you've to keep waiting for an outcome.
both arbitration and mediation employ third and neutral parties.
mediation is the attempt to settle all legal matters (most commonly before the trial) with the minimum of conflicts possible.
arbitration most commonly arises between the arbitrators of each party and it can be of a more binding nature (written verdicts, opinions and decisions).
i hope this helps
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