Mediation | Arbitration | Litigation | ||
Time | Weeks | Months | Years | |
Cost | Significant | High | Extremely high | |
Evidence and witnesses | No | Yes | Yes | |
Result is binding | Rarely | Usually | Always | |
Level of antagonism | Low | High | Irreparable | |
Potential to save project | Yes | No | No | |
Public record | No | Rarely | Yes | |
Why do it? | ¿ave the project | ¿esolve major disputes | ¿etrieve losses | |
¿ave the relationship | ¿top the bleeding | ¿eclaim reputation | ||
¿esolve minor disputes | ¿pur settlement | ¿pur settlement |
3 Ways to Resolve a Fight
News
Feb 1, 20041 min