Ideally details to employment of these procedures should be included, such as identities of mediators or arbitrators. Arbitration Arbitration laws really only specify that due process must be respected and that the sentence has to be written and signed. Everything else is up to the parties. Those parties rely upon an arbitrator or a panel of arbitrators. They agree beforehand, either in a contract before the dispute, or after the dispute has erupted, to be bound by the arbitrator's decision.
Arbitration can be as short as one meeting to a procedure akin to a full trial.
The procedure to be followed can be mutually agreed upon by the parties in advance. Coaching Sometimes parties to a dispute can find a resolution themselves but can use the help of a coach. A coach who is an expert in dispute resolution can advise you on what approach to take. Both parties to a dispute can even have coaches to help negotiate a solution. If a business is going under, or business partners' amicable relationsh has soured, both parties need to know the value placed upon existing debts and assets before reaching a resolution.