In med-arb, the same neutral third party first tries to get the parties to reach an agreement as the mediator and, if that fails, will deliver a final and binding arbitration decision.

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In med-arb, the neutral third party acts as both a mediator and an arbitrator. They first try to facilitate an agreement between the parties as a mediator, and if that fails, they will proceed to make a final and binding decision as an arbitrator.

In Med-Arb, the Same Neutral Third Party First Tries to Get