What are the characteristics of arbitration, mediation and litigation which make them an appropriate mechanism to resolve a dispute under English legal system?

Arbitration: • Arbitration is a form of alternative dispute resolution (ADR) where two parties present their case to an independent third party (the arbitrator) who will make a binding decision on the outcome of the dispute. • It is a confidential process which allows parties to resolve their dispute in private without the need for expensive court proceedings. • The arbitration process is usually less formal than court proceedings and can be tailored to the needs of the parties. • The decision of the arbitrator is legally binding and can be enforced through the court if necessary. Mediation: • Mediation is a form of ADR where a neutral third party (the mediator) facilitates communication between the parties to help them reach a mutually acceptable agreement. • It is a voluntary process which allows parties to resolve their dispute in a less formal and less adversarial manner. • The mediator will not make a decision on the outcome of the dispute but will help the parties to come to an agreement that is acceptable to both sides. • The process is confidential and the agreement reached is not legally binding unless the parties choose to make it so. Litigation: • Litigation is the traditional method of resolving disputes through the court system. • It is a formal process which involves filing a claim in court and following the relevant court procedures. • The court will make a decision on the outcome of the dispute and the decision is legally binding. • Litigation is usually more expensive and time consuming than other forms of ADR but it is the only option for certain types of disputes.