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Although there is a lot of overlap between the structure of an arbitration hearing and a court trial, there are major differences to be aware of if you are considering using an arbitrator.
Arbitration is a procedure in which a dispute is submitted by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. Here how it is processed.
Mediation is not a single event, not a one-time meeting where magically issues are resolved. Mediation is a process that occurs with very predictable steps.
Good preparation before the mediation by the lawyers and the parties can increase the chances of the parties settling their dispute at the mediation. What should such preparation include?