What is the difference between mediation and arbitration?

Mediation and arbitration are both forms of alternative dispute resolution (ADR) used to resolve conflicts without having to go to court. The main difference between them is that in mediation both parties come together to reach a mutually agreed upon resolution, while in arbitration an independent third party makes a decision for the parties involved. Mediation is typically conducted by a mediator, who acts as an impartial third party to help the parties reach a solution. The mediator does not decide the outcome, but rather helps facilitate the discussion and encourages the parties to come to an agreement. Mediation allows each party to have an equal say in the outcome and the resolution can be tailored to the individual needs of the parties. Arbitration, however, is a more formal process in which an independent third party, usually a lawyer or judge, hears the dispute and makes a final and binding decision. The parties involved in arbitration present evidence and their arguments to the arbitrator, who then makes a ruling based on what he or she believes to be fair. While the arbitrator is typically an experienced professional, his or her decision can be appealed to the court. So, in conclusion, the main difference between mediation and arbitration is that in mediation the parties involved come together to reach a mutually agreed upon resolution, while in arbitration an independent third party makes a decision for the parties.

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What is the difference between mediation and arbitration?

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