Explain the process of arbitration in the UK. Is this process better than the process used in the United States? Why or why not?

Hello, Please answer the below in 200 words:

Please research the the arbitration process in the United Kingdom.

Give a brief history and background of the arbitration process in the UK.

Explain the process of arbitration in the UK.

Is this process better than the process used in the United States? Why or why not?

Have there been recent developments in regard to the laws concerning the arbitration process?

How could the process be improved?

Include examples of cases or disagreements settled by arbitration.

Provide a detailed post that demonstrates clear, insightful critical thinking. 200 words in length and is to include a minimum of two sources properly cited and referenced: (a) Holley, W. H., Jennings, K. M., & Wolters, R. S. (2012). The labor relations process (10th Ed.). Mason, OH: South-Western., and the below articles:

http://uk.practicallaw.com/4-502-1378?service=arbi…Arbitration procedures and practice in the UK (England and Wales): overview

http://www.lcia.org/dispute_resolution_services/lc… LCIA

http://www.jdsupra.com/legalnews/the-difc-lcia-rel…The DIFC-LCIA Releases New Arbitration Rules

http://www.mondaq.com/unitedstates/x/309172/Arbitr… US Arbitration Process

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