Evaluation

Cards (4)

  • What are the advantages of negotiation, mediation, and conciliation?
    • Flexibility in reaching compromises
    • Cheaper and more accessible
    • Preserves relationships
    • High success rate in resolving disputes
  • What are the disadvantages of negotiation, mediation, and conciliation?
    • Lack of certainty in outcomes
    • Not legally binding, risking non-compliance
    • Potential for reduced settlements
  • What are the advantages of arbitration?
    • Legally binding decisions
    • Expertise in resolving disputes
    • Quicker and cheaper than court
    • Private and relaxed environment
  • What are the disadvantages of arbitration?
    • No legal aid available
    • Costs can be prohibitive
    • Limited rights to appeal