Jul 20, 2017 Research papers

Alternative Dispute Resolution

This paper concentrates on the primary theme of Alternative Dispute Resolution in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Alternative Dispute Resolution

INSTRUCTIONS:

Text Alternative Dispute Resoltion - A Conflict Diagnosis Approach 2nd edition by Laurie S Coltri

CONTENT:

Name Instructor Subject Date The Relevance of Arbitration as an Alternative Dispute Resolution Mechanism Arbitration is an alternative dispute resolution process in which an arbiter, who is a neutral third party, hears and gives a binding verdict over the dispute (Gelfand and Brett 267). In most cases, the arbiter is an expert or a panel of experts who understands the legal interpretation of the issues arising from the dispute, and the likely larger legal or financial implications if the matter was to be decided by a court. For instance, a conflict pitying two nations over land territory may be referred to a panel of experts in international law. Before going into arbitration, the parties to the dispute agree whether or not to be bound by the arbiter’s judgment. However, arbitration is largely a binding dispute resolution process, especially when the parties state in a contract that any future disputes will be resolved through arbitration. During the dispute hearing stage, the arbiter reviews the arguments and evidence brought forth by the conflicting parties, and imposes a judgment that is not only binding on both parties, but also legally enforceable. The legal authority of the arbiter is provided for by the parties’ prior agreement to employ arbitration to solve any future disputes, or legislation that allows courts to refer certain cases to arbitration. In this regard, the parties to the dispute have limited rights to for a review o

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