Advisory arbitration of new contracts: a case study2. Why advisory arbitration of new contracts
January 1, 1970
After parties exhaust their own bargaining efforts, advisory arbitration provides a flexible, additional means toward arriving at a new collective bargaining agreement in advance of a strike. Because advisory arbitration follows failed negotiations and sometimes anticipates binding arbitration, the parties’ positions become more refined and better supported in terms of facts and evidence, and differences may narrow. Parties may also transform advisory arbitration proceedings into interest mediation.