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Week 7 Comparing Mediation and Arbitration

Week 7 Comparing Mediation and Arbitration

Q This week's lesson compared the advantages and disadvantages of arbitration and mediation. Consider and comment on the following question: Considering what you now know, if you were asked to commit to one of these types of ADR prior to the existence of an actual dispute (say, as part of a contract with another party), which would you choose? Explain your choice based on the characteristics enumerated in the lesson.

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After learning about several advantages as well as disadvantages of arbitration and mediation, I would definitely commit to mediation. This is because there can be better mutual as well as win-win situations and results obtained with the utilization of process of mediation. The aspect of the mediator being unknown is beneficial for resolution of a dispute. This is because the mediator would be a neutral as well as unknown individual to every party involved in the dispute. If the mediator is known by any party in dispute, there can be chances of bribing the mediator by any party in dispute by offering money or equivalent favors.