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The Chartered Institute of Arbitrators tailor-made
Arbitration and Mediation schemes are systems designed to assist parties
in resolving their disputes economically and more quickly than through
the traditional court system. Their values lie in reducing the time, cost
and uncertainty of litigation. The key to achieving successful results
in these processes is preparation. The Institute offers two sets of Guidance
Notes to assist you. Mediation itself is a private, voluntary process in which an impartial person facilitates communication between the parties to promote a mutually agreeable settlement. View Notes Arbitration on the other hand, is an adversarial process in which the
parties present their evidence and arguments to a neutral third person
- the Arbitrator - who issues a legally binding judgement, known as an
"Award". View Notes NOTE: You should ensure that you thoroughly read the Rules of the Scheme and these Guidance Notes. The Rules govern the procedure of the Scheme and the Guidance Notes will give you general advice about the Scheme. By signing the application form you are bound by the Rules and failure to comply with them may affect the outcome of your claim or even invalidate it. The Rules and Guidance notes contain everything you need to know about the procedure of the scheme and the law that covers it. |
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