Alternative Dispute Resolution

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Alternative Dispute Resolution by Mind Map: Alternative Dispute Resolution

1. Mediation

1.1. Advantages

1.1.1. 1. Private matter

1.1.2. 2. Time and cost effective

1.1.3. 3. Array of workplace issues can be mediated

1.2. Disadvantages

1.2.1. 1. Anyone can be a mediator

1.2.2. 2. No legal precedents

1.2.3. 3. Failure to find common ground

1.3. Mediator Qualifications

1.3.1. 1. Good listener

1.3.2. 2. Sets ground ruler

1.3.3. 3. Calls it what it is

1.3.4. 4. Adds input where needed

1.3.5. 5. Strives for conclusion

2. Arbitration

2.1. Advantages

2.1.1. 1. Impartial third party

2.1.2. 2. Private in nature

2.1.3. 3.Time and cost effective

2.2. Disadvantages

2.2.1. 1. Final decision is made by one arbitrator

2.2.2. 2. Both parties bound by decision

2.2.3. 3. Arbitration fees can be become a burden

2.3. Arbitrator Qualifications

2.3.1. 1. Bachelors Degree

2.3.2. 2. Experience in respective field of mediation

2.3.3. 3. Licensing and certification

2.3.4. 4. Internship

2.3.5. 5. Research

3. References