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Mediation and arbitration are methods of dispute resolution that take place outside of the courtroom. The two processes are similar except that...<br>
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How To Settle A Dispute Using The Arbitration Process Mediation and arbitration are methods of dispute resolution that take place outside of the courtroom. The two processes are similar except that the neutral party makes the final decision in arbitration and it is binding. In mediation, the disputing parties must agree on the resolution before a final decision is made. Business disputes are especially delicate when the parties involved must continue to work in agreement going forward. Putting the final decision into the hands of a trusted arbitrator allows them to settle the dispute… See more at http://www.internetbillboards.net/2016/04/19/how-to-settle-a-dispute-using-the- arbitration-process/