What is the difference between mediation and arbitration

What is the difference between mediation and arbitration

Q.

What is the difference between mediation and arbitration?

A.

Mediation and arbitration are totally different. I’ll start with arbitration. Arbitration is a formal process, which starts with a “demand for arbitration” and ultimately goes before either one arbitrator or a panel of arbitrators who make rulings and a final decision.

Arbitration, again, is a process, and it involves the introduction of witnesses, potentially expert testimony, and case law and so forth.

Mediation, on the other hand, is an informal meeting – usually prior to trial, where the parties hopefully can come to an agreement through the use of a mediator. A mediator does not make any final decisions; instead, the mediator tries to facilitate an agreement.