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Unformatted text preview: (better than negotiation as info is hidden for better judgment) So, mediation offers strongest win win potential. 3. Arbitration: both parties bring in a neutral third party with Power to impose awards (like a judge), called the arbitrator. Arbitrators hears both parties equally, and after deliberation (Long and careful consideration or discussion) issues a binding decision, generally without giving a decision. It is very similar to trial or litigation, but only faster and cheaper. However, the supposed litigants give up rights like Discovery and class action. Arbitrator may not provide a written decision. Hence it may be unknown to society and other plaintiffs(for use in their own case) * Mandatory Arbitration: parties agree in advance of any dispute that they will arbitrate if any issue arises. Trial court: *all cases start here. *It is the only which hears testimony from witnesses and receives evidence...
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- Spring '11
- Li tigator, courts Li tigator