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ARTICLE · 20 JANUARY 2023

Arbitration Process

Pi Legal Consultancy
Pi Legal Consultancy
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Pi Legal Consultancy

Pi Legal Consultancy

Pi Legal Consultancy (“PiLC”) is a Turkish legal and business consultancy firm with lawyers in...

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Overall, this article is intended to clarify dispute resolution through arbitration process.

TurkeyLitigation, Mediation & Arbitration

Overall, this article is intended to clarify dispute resolution through arbitration process. Generally speaking, arbitration as dispute settlement has been at the center of the work of international arbitration lawyers and practitioners.

What are the basic types of Dispute Resolution?

It is widely accepted that there are four basic forms of conflict resolution:

  • negotiation: negotiation represents the least formal form of dispute resolution. Parties come together and solve the concerned dispute on their own.
  • mediation: a neutral third party assumes responsibility to help disputants to reach a consensus on their own.

For a useful observation about the mechanism of the United Nations Convention on International Settlement Agreements Resulting from Mediation, our article on A Brief Analysis of the Singapore Convention is available online here.

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