Arbitration, mediation, and conciliation are popular forms of dispute resolution that offer interesting and diverse career opportunities.
People pursue alternative dispute resolution (ADR) training and accreditation for a number of reasons. Some aspire to become professional mediators or arbitrators. Others are simply looking to handle conflict better in their personal relationships or workplace.
It’s certainly an industry in demand. From business disputes to divorce settlements, people are turning to ADR as a more flexible, less costly, and more time-effective means of resolving conflicts.
Arbitration, mediation, and conciliation offer three different approaches to conflict resolution. They differ in terms of procedure and outcomes, as well as training and accreditation.
In this post, we guide you through clear definitions of arbitration versus mediation and conciliation, including applications along with pros and cons. Let's get started.