Is There a Multi-Tiered Approach to Arbitration?

An example of a multi-tiered or escalation dispute resolution procedure. This approach typically includes a period of negotiation and or mediation before submitting to dispute to arbitrate. And this approach may be beneficial for the parties who wish to preserve ongoing commercial relationships. But on the flip side, it can delay,. as you mentioned, the final resolution of the dispute. It could not be a good option for some parties.