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But as more and more agreements to arbitrate future disputes were executed, other nonarbitral forms of alternative dispute resolution such as mediation and neutral fact-finding became common.
An agreement to mediate future disputes means that the parties want to present their side to a mediator, a third party who is neutral...
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This mediator's sole purpose is to facilitate negotiation and settlement of the dispute between the parties. The mediator works with the parties to try and help them come up with an agreement both sides agree on. However, a mediator does not have the power to impose a settlement on the parties.
More like arbitration than mediation is neutral fact-finding...
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