What method of dispute resolution involves an independent technical expert appointed by the parties?

The method of dispute resolution that involves an independent technical expert appointed by the parties is expert determination. This process is specifically designed for resolving disputes where specialized knowledge is necessary to evaluate the issues at hand.

In expert determination, the appointed expert reviews the evidence and provides a decision that the parties have agreed to accept. This method is efficient and can be less formal than other dispute resolution practices, which is particularly beneficial when the technicalities of the subject matter require specialized understanding.

The effectiveness of expert determination lies in its focus on technical expertise rather than legal arguments, making it suitable for industries where expert knowledge is paramount, such as in construction or engineering. The outcome is usually binding, providing clarity and closure for both parties involved.

In contrast, arbitration involves a more formal legal process where an arbitrator makes a binding decision after hearing from both parties. Mediation is a non-binding process where a mediator facilitates communication to help the parties reach a mutually acceptable agreement. Judicial review pertains to the examination and correction of decisions made by lower courts or governmental agencies, rather than resolving a direct dispute between parties.