Arbitration is a legal option for two parties to resolve a dispute outside of th

Arbitration is a legal option for two parties to resolve a dispute outside of the courts. The parties ask a third party, known as the arbiter or arbitrators, to decide on a resolution to which they will adhere.
Mediation, on the other hand, is where the parties in dispute meet with a mutually selected third party to resolve their differences together out of court.
Please compare and contrast these two legal methods of resolving a dispute. Share your ideas on the benefits and disadvantages of each.
Finally, imagine a dispute in a health care setting that might require legal resolution. Share this scenario and decide which type of resolution, arbitration or mediation, you feel would best help all parties solve the issue and why.
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