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Words: | Submitted: Thu Nov 13 2003
... methods of dispute resolution is because of the fact that court hearing impose a solution on the parties, which since it does not involve their consent, may need to be enforced. Additionally the majority of court hearings are public. This may be undesirable in some business disputes, where one or both of the parties may prefer not to make the public aware of their financial situation or business practices because of competition. The methods of alternative dispute resolution are; mediation, negotiation, arbitration, conciliation and tribunals. In mediation there is no judge but a mediator who is appointed to the role of the judge conducting the dispute. The mediator is neutral and their job is to help the parties reach compromise. Mediation is private; unlike a court case there is no publicity. In certain cases mediators specialise in an area. Mediation could take place in neighbourhood disputes and business but will ...
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