Not yet registered? Create a OverBlog!

Create my blog

How does arbitration work?

Arbitration involves an independent and impartial person, or persons, making a decision on a dispute. The arbitration process can be used to resolve a wide range of conflicts from workplace to international issues, although many people have only a vague idea of how arbitration works in practice. In this article we look at the different uses of arbitration and its variations in different parts of the world.

How does it work?

A voluntary process Arbitration is a voluntary process, so both sides must agree to the process. While this adds impetus to the achievement of a resolution to the problem, it also demands that both sides in the dispute agree to abide by whatever decision is reached. When arbitration is used Arbitration can often be seen as an alternative to a court of law, and has the benefit of remaining a private process. In many ways this reduces the pressure to appear adversarial and can speed the resolution. There is no swearing of oaths and it is the arbitrator who poses the questions rather than a judge. Industrial disputes It is often used for the settling of industrial or collective bargaining disputes involving trades unions and employers. In the United Kingdom the Advisory, Conciliation and Arbitration Service (ACAS) is the main player in this area. Although it is largely funded by government it is managed by an independent council. Individual disputes Arbitration can be used to resolve smaller scale issues. An employee and employer may opt to use formal arbitration rather than go through the stress and cost of an employment tribunal.

International acceptance

United States In the United States arbitration is also recognised as a way of resolving the kind of issues describes above without the need to resort to litigation. A number of bodies have been formed to carry out this kind of work and to educate potential users of the service in its advantages. International courts Courts of Law in almost all western countries, and many others, will accept arbitrated decisions as binding agreements, although recently some have been challenged in both the US and Europe. American Arbitration Association rules are often used as guidelines for dispute resolution. The recommended process is also taught at aaauonline.org, which offers a range of advice, courses and publications on the subject.

Same category articles Consumer culture

All about: slip and fall accident claims

All about: slip and fall accident claims

Everyone tries to be careful while they are waling, but sometimes accidents do happen. the second biggest accident in the united states are slip and fall accidents, and these kinds of accidents can happen anywhere. if a slip and fall accident happens on someone’s property, the fall victim could be eligible to receive compensation, especially if an injury was sustained.
How to retire early

How to retire early

Almost everybody would like to know the secret of how to retire early, but the age at which you finally give up work and become your own boss is dependent on several factors such as the amount of money which you have already saved, and whether you have enough money to sustain you through the rest of your life. this issue is not as straightforward as it seems, as the average person is living much longer and the cost of living continues to rise.
Where can I find discount books

Where can i find discount books

It is becoming easier and easier to find cheap and discounted books and so people avoid having to pay the full price for books. in this guide, we shall look at some of the ways in which this can be done, and the best places to obtain cheap books.
What is a LLC?

What is a llc?

When a person decides that they want to become self-employed and form a business, they must decide on the kind of business structure they want. some of the most well known business structures are a sole-proprietorship, partnership, or a corporation, but llcs are increasing in popularity. a llc is also known as a limited liability company, and it’s a cross between a corporation and a partnership.