Arbitration typically works to favor one party in the end, unlike mediation which follows a “everyone wins” principle. The advantages of arbitration lie in its efficiency, low cost ...
In this regard, arbitration has come into the limelight as an alternative to the traditional dispute-resolution mechanism, litigation, with its speed, cost, and confidentiality advantages.
One of the potential advantages of arbitration is that it could be less time consuming and less expensive than traditional litigation. And one of the primary drivers of those time and cost savings ...
The Role of Sports Arbitration in Dispute Resolution ...
China has issued a new document aimed at leveraging the functions and advantages of arbitration system, to create a first-class business environment characterized by market orientation ...
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