Arbitration, Conciliation and Mediation Law

Arbitration, conciliation, and mediation are methods for resolving disputes without going to court. Arbitration involves a neutral third party, called an arbitrator, who listens to both sides and makes a binding decision. Conciliation also uses a third party, but they actively help the parties find a mutually agreeable solution without making a decision. Mediation is similar to conciliation, but the mediator facilitates discussion and helps clarify issues, encouraging voluntary agreements. These alternatives are often faster, less formal, and more cost-effective than traditional litigation, allowing parties to maintain control over the outcome.