20360415
Beschreibung
Mindmap von melissa jackson, aktualisiert more than 1 year ago
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Erstellt von melissa jackson
vor mehr als 4 Jahre
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Alternative Dispute Resolution
- Three types of negotiaton include: Mediation, Arbitration and Litigation.
- Three benefits of
Mediation are: There is
a neutral third party.
Mediation is based on
the information
discussed on the
meetings to determine
a common ground, and
the mediator has no
control over the
outcome of the
communications.
- Three benefits of
Arbitration are: There is a
third party, not necessary
a neutral party.
Arbitration guarantees an
outcome because an
arbitrator has the
authority to dictate
settlement terms. There
are two types of
arbitration; binding and
nonbinding, and in
binding arbitration both
parties agree to the
arbitrator's conclusion.
- Three
- Three
- Three benefits of
Litigation include:
Litigation takes place
when the two parties
cannot agree or require a
judgement, or has
criminal conduct.
Provides both parties with
the ability to supply
evidence to the claims.
There is still a negotiation
process before going to trial.
- Three disadvantanges are:
Litigation cost more that both
Mediation and Arbitration.
Litigation usually takes longer to
come to a conclusion. One or
both parties may not be happy
with the outcome.
- Three disadvantanges are:
Litigation cost more that both
Mediation and Arbitration.
Litigation usually takes longer to
come to a conclusion. One or
both parties may not be happy
with the outcome.
- Three benefits of
Mediation are: There is
a neutral third party.
Mediation is based on
the information
discussed on the
meetings to determine
a common ground, and
the mediator has no
control over the
outcome of the
communications.
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