How I Lawyer Podcast with Jonah Perlin cover image

How I Lawyer Podcast with Jonah Perlin

#105: Brian Farkas - Mediation, Arbitration, and Litigation Attorney

Mar 3, 2023
57:49

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Quick takeaways

  • Mediation and arbitration are private dispute resolution processes focused on compromise.
  • Networking is essential in the legal profession, emphasizing genuine relationships over business connections.

Deep dives

Mediation vs. Arbitration

Mediation and arbitration are private dispute resolution processes distinct from public litigation. Mediation involves a mediator aiding parties in reaching a compromise to settle disputes, focusing on emotional intelligence and understanding parties' underlying needs. On the other hand, arbitration involves a private arbitrator making a binding decision after hearing arguments without strict adherence to formal legal rules like the rules of evidence.

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