Definitions
- Referring to the act of intervening on behalf of someone else. - Describing the act of pleading or mediating for someone in a conflict or dispute. - Talking about the act of interceding with a higher authority or power for help or assistance.
- Referring to the process of resolving a dispute or conflict between two parties through a neutral third party. - Describing the act of settling a disagreement or conflict through an arbitrator or an arbitration panel. - Talking about the legal process of resolving disputes outside of court through binding or non-binding arbitration.
List of Similarities
- 1Both involve resolving conflicts or disputes.
- 2Both require a neutral third party to facilitate the process.
- 3Both aim to reach a mutually acceptable solution.
- 4Both can be used as alternatives to litigation or court proceedings.
- 5Both are formal processes that follow established rules and procedures.
What is the difference?
- 1Scope: Intercession involves advocating for one party's interests, while arbitration aims to find a mutually acceptable solution for both parties.
- 2Authority: Intercession does not have the legal authority to make decisions, while arbitration has the power to make binding or non-binding decisions.
- 3Process: Intercession is often informal and relies on persuasion and negotiation, while arbitration follows a formal process with established rules and procedures.
- 4Outcome: Intercession may or may not result in a resolution, while arbitration aims to reach a final decision or settlement.
- 5Cost: Intercession is often less expensive than arbitration, which can involve legal fees and other expenses.
Remember this!
Intercession and arbitration are both methods of resolving conflicts or disputes through a neutral third party. However, the main difference between them is their scope and authority. Intercession involves advocating for one party's interests, while arbitration aims to find a mutually acceptable solution for both parties and has the power to make binding or non-binding decisions.