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    The Role of the Financial Neutral

    In Collaborative Practice Collaborative practice differs from arbitration, where a “private” judge decides the matter. It also differs from mediation where a mediator tries to steer/cajole the parties to a settlement. Under collaborative practice, the parties to a dispute, supported by a team, work together to reach a settlement that works for them. This article discusses the elements of collaborative practice and provides two examples of how this process has been used. Some of you may be familiar with the concept of collaborative practice, also referred to as collaborative law. Collaborative practice is a voluntary structured dispute resolution process in…