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ARBITRATION & MEDIATION - Coggle Diagram
ARBITRATION & MEDIATION
ARBITRATION
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Essential Components
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Form and Inclusion (The agreement to arbitrate whenever disputes arises shud be incorporated in the contract)
Arbitral Tribunal
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Complex case - a panel of 3 arbitrators, 1 chairperson and 2 co-arbitrators
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MEDIATION
PROCESS :arrow_left:
1. Introduction
Mediator will introduce themselves, explain the mediation process
Established ground rules, setting the tone for constructive communication
2. Opening statements
Each party will outline their perspectives, concerns, objectives
3. Joint Discussion
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Each party express their viewpoints, interest, and explore area of agreement and disagreement
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