18 Jan 2023

61

The Roles of the Arbitrator and the Mediator in the Negotiation and Bargaining Process

Format: APA

Academic level: University

Paper type: Coursework

Words: 260

Pages: 1

Downloads: 0

Procedures in Arbitration and Mediations 

In mediation, parties in conflict realize they are achieving no progress and desire to reach settlement, thus request a mediator’s help through a mediation service (Carrell & Heavrin, 2008). A mediator with no relation to the parties is assigned at the agreement of the parties. The steps afterwards include initial conference, schedule of sessions, formal retainer, information gathering, settlement proposal, and agreement (Carrell & Heavrin, 2008).Arbitration, on the other hand, entails a preliminary hearing, opening statements, rules of evidence, witnesses, summation, and the arbitrator’s award and opinion (Carrell & Heavrin, 2008). 

Roles of the Arbitrator and the Mediator in the Negotiation and Bargaining Process 

The role of an arbitrator in the negotiation and bargaining process is to render a final binding decision to conflict after considering the facts involved. On the other hand, the role of the mediator is to facilitate a mutually acceptable resolution between the parties (Carrell & Heavrin, 2008). 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Roles and Functions of the American Arbitration Association (AAA) and the Federal Mediation and Conciliation Service (FMCS) 

The American Arbitration Association (AAA) and Federal Mediation and Conciliation Service (FMCS) offer mediation and arbitration services formally. Along with providing mediators and arbitrators, the organizations also offer guidelines on mediation and arbitration through regular publications (Carrell & Heavrin, 2008). Ultimately, their aims entail moving cases through arbitration and mediation while ensuring impartialness and fairness until completion ("About the American Arbitration Association® (AAA®) and the International Centre for Dispute Resolution® (ICDR®) | ADR.ORG," n.d.). 

Procedures Involved when Parties Have Reached an Impasse and are in Need of an Alternative Dispute Resolution (ADR) 

When parties have reached an impasse and are in need of an alternative dispute resolution, they turn to third parties who intervene to aid them reach a settlement. The methods explored include mediation, arbitration, or a hybrid of the two (Carrell & Heavrin, 2008). 

References 

About the American Arbitration Association® (AAA®) and the International Centre for Dispute 

Resolution® (ICDR®) | ADR.ORG. (n.d.). Retrieved from https://www.adr.org/about 

Carrell, M. R., & Heavrin, C. (2008).  Negotiating essentials: Theory, skills, and practices . Retrieved from https://content.ashford.edu/ 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). The Roles of the Arbitrator and the Mediator in the Negotiation and Bargaining Process .
https://studybounty.com/the-roles-of-the-arbitrator-and-the-mediator-in-the-negotiation-and-bargaining-process-coursework

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

How AI Can Help Retailers Solve Business Problems

The global marketplace is currently more integrated than ever before. This situation presents a never-before experienced opportunity for retailers. Multinational organizations whose sole basis is the internet have...

Words: 2700

Pages: 5

Views: 138

The Natural Organizational Model and the Informal Groups

The nature of an organization is based on different factors such as the environment it is set up in. also, the type of activity it undertakes. This paper will examine the natural organizational model, the informal...

Words: 3009

Pages: 10

Views: 239

Why Pinkberry should focus on making orange and yellow the two prevailing colours

The fact that Pinkberry has evolved from a storefront to a nationally recognized brand makes this franchise of frozen dessert yogurt shops an example to be followed. Yes, the personality of a brand created a platform...

Words: 582

Pages: 2

Views: 93

Ford Motors: Board Presentation For Electric and Hybrid cars Production

Executive Summary The motor vehicle industry in America and worldwide is highly competitive with major players no longer enjoying the dominance that they had had before. Innovation and identification of trends...

Words: 1088

Pages: 4

Views: 129

Home Remodel Project Plan

Project Overview Home remodeling is one of the notable key projects undertake through project management, as a project manager is expected to come up with a clear plan that would help in meeting the expected...

Words: 2152

Pages: 8

Views: 68

How Airbnb Achieved Success

Hospitality industry includes firms that provide lodging and dining services for customers. Many of the businesses in the travel and hospitality industry offer customers with prepared meals, accommodation, snacks,...

Words: 906

Pages: 3

Views: 63

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration