In a legal proceeding, the press and other parties will have access to the topics that were discussed. This prevents information from being leaked, which could hurt negotiations.

Informal and Flexible: Arbitration is not following a formal structure. This changes the time and place when these proceedings can occur.

Economical: The process is saving time and money by not involving the courts in settling the dispute (which could take years).

This is illustrating how arbitration is advantageous because it can help both sides to quickly resolve key issues. ("Foundations of Conflict Resolution," 2012) (Shachar, 2011) (McLean, 2008)

Mediation -- Arbitration (Med-Arb) is a procedure that is combing the two strategies together into a single model. The way that is works is each side will agree to abide by the final decisions. However, during the process, mediation is used to determine the positions of both sides and their flexibility. (McLean, 2008)...
[ View Full Essay]