What is Arbitration? What Are the Differences Between Arbitration and Mediation?
Posted on March 5th, 2008 by admin
Arbitration is a process where parties present their arguments in a hearing format to an arbitrator who writes the decision. By going to arbitration, they have given the decision-making power to the arbitrator, who acts as a judge.
The arbitration hearing is much more informal than court. Arbitration can either be binding or nonbinding. Labor/management arbitration […]
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