What is the difference between litigation, arbitration, adjudication and mediation?
Arbitration is a process for the resolution of disputes outside of the Court system through an arbitral body. Determination of the dispute is by an arbitrator who is an impartial referee acting as judge and who is selected and appointed by the parties or by an appointing body. The litigation and arbitration processes share a number of similar features but a key difference between arbitration and litigation is that arbitration is usually carried out in private.
