Mediation versus Arbitration 101: Pros, Cons and Differences
Briefly

The article discusses the growing preference for alternative dispute resolution (ADR) methods, such as mediation and arbitration, over traditional courtroom litigation. Given the complexity and uncertainty of legal proceedings, ADR offers parties an efficient, less costly, and more private resolution to disputes. Mediation is characterized as an informal process aimed at mutual agreement, while arbitration is more formal and involves a neutral judge who decides the outcome. Each method has its advantages and disadvantages, emphasizing the importance of choosing the right approach based on specific needs and the nature of the dispute.
Choosing between mediation, arbitration, or litigation will depend on what a specific party is seeking. Your best option will depend on the complexity of the issues.
Read at IPWatchdog.com | Patents & Intellectual Property Law
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