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Mediation for Business Disputes

Mediation vs. Arbitration, Pros and Cons of Mediation, and More

By , About.com Guide

Mediation is a commonly used process to resolve business disputes. Mediation can be used in a variety of business situations, from union negotiations to EEOC or ADA complaints, employment issues, and contract disputes. This article discusses mediation and answers your questions about how the mediation process works.

1. Mediation Defined

Mediation is an informal dispute settlement process run by a trained third party, called a mediator. Mediation is intended to bring two parties together to clear up misunderstandings, find out concerns, and reach a resolution.

2. The Mediation Process Explained

The mediation process is led by a trained mediator, who listens to both sides in a dispute, then brings the parties together to attempt a resolution.

3. Mediation - Benefits and Drawbacks

Mediation is a valuable process in some situations, but it has some drawbacks. Read this article to learn more about the pros and cons of mediation for business dispute settlement.

4. Mediation vs. Arbitration

Mediation is basically a voluntary dispute resolution process, with no decision mandated by the mediator. Arbitration, by contrast, ends with a binding decision by the arbitrator. There are other differences....

5. Commonly Asked Questions about Mediation

Erin Johnston, president of CFR Mediation, answers some commonly asked questions about mediation.

6. How to Find a Mediator

This article lists several sources for mediators, including thod by the American Arbitration Association (AAA)

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