This is an extract of our Alternate Dispute Resolution document, which we sell as part of our Civil Ligitation Notes collection written by the top tier of Cambridge And Oxilp And College Of Law students.
The following is a more accessble plain text extract of the PDF sample above, taken from our Civil Ligitation Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
Arbitration Arbitration vs Litigation vs Mediation Arbitration
The procedure by which disputes are resolved by an independent third party.
The procedure of going to court to settle a dispute in an adversarial process.
The process whereby an independent third party facilitates negotiations.
Binding and can be legally correct (ss.45, 52 & 69).
Binding and legally correct.
Made by the parties mediator has no input.
Mandatory rules listed in Schedule 1
Covered by the CPR.
None unless decided by parties.
Enforcement Enforceable decisions (s.66) as well as international enforcement (New York Convention)
Enforceable (CPR 70-73)
If agreement is recorded in a Consent Order it can be enforceable.
- Choose the arbitrator often a specialist or expert
- Rules of precedent
- Cheaper if settlement is reached
- Choose the procedural rules
- Judge considered documentary evidence and experts/witnesses
- Quicker, flexible and informal
- Private hearing and confidentiality (avoids publicity)
- Commercial and non-legal solutions Other Disadvantag es
- Legally binding and - Commercial solution correct decision
- Collaborative solution
- Costly (arbitrator, venue, agreement negotiation, court applications etc.)
- Public trial
- Cannot join third parties without consent
- Costly and time consuming
- Lack of interim judgments e.g. summary judgments
- Non-adversarial; win-win result
- No control over procedure or rules
- Increase costs if unsuccessful
- No guaranteed solution or engagement in process
- Mediator may not be an expert
- Adversarial process
- damages relationships
Responding to Claim Forms If the claimant has filed a claim form then the defendant should file an acknowledgement of service so that the claimant cannot apply for judgment in
Buy the full version of these notes or essay plans and more in our Civil Ligitation Notes.