"A dispute resolution process whereby a neutral first attempts to mediate the dispute but, if mediation is unsuccessful in whole or in part the remainder of the dispute is arbitrated upon by the same or a different person".
the intervention into a dispute of an acceptable, impartial, and neutral third-party to assist contending parties in negotiating voluntarily an acceptable settlement of issues in dispute. If, however, the parties cannot reach an agreement, the third party has been granted the authority by the parties to make the decision.
A dispute resolution process that combines some of the features of both mediation and arbitration. Most med-arb proceedings call for a third-party neutral to first mediate or help the parties agree to as many issues as possible and then, by permission of the disputing parties, to arbitrate or make a decision on those that remain. The same neutral may perform both roles, or the role can be split between several neutrals.
A dispute resolution procedure that combines aspects of both mediation and arbitration. By agreement of the parties, a neutral attempts to mediate a dispute, but if any or all issues cannot be resolved, the parties must proceed to binding arbitration (whether carried out by the same neutral or not).
A method of dispute resolution that is a combination of mediation and binding arbitration. The process begins with mediation and any unresolved items that remain at the end of the mediation, according to the pre-negotiated med-arb agreement, are then put into the hands of the same mediator to act as an arbitrator or the unresolved items are put into the hands of a new arbitrator who will conduct an arbitration and render a final binding decision and award on those remaining unresolved items.
The parties agree to mediate their dispute and, if unable to settle, they participate in binding arbitration using the same neutral.
A process in which parties contract to give the mediator power to 'convert' to being an arbitrator and make a legally binding award, in the event that mediated negotiations do not lead to a settlement.