There is some good news for all the international mediation
enthusiasts out there! The Institute for Dispute Resolution (at New Jersey City
University, school of Business) got its very first New Jersey policy success.
The IDR applied research department work contributed to the passing of the Bill
‘S602’ which was signed into law by the Governor as the New Jersey
International Arbitration, Mediation, and Conciliation Act, on February 7,
2017.
The co-founder and co-director of the institute, Karen
DeSoto noted that this Bill had strong bipartisan support, from both Senators
Sandra Cunningham and Tom Kean Jr. The Bill aims at positioning New Jersey as a
hub for business meditations from all over the world. It is expected to give
the much-needed boost to international trade in the state.
So far, there were no mechanisms for businesses to settle
their disputes in New Jersey outside of full legal actions. With the passing of
this Bill, mediation will become an important dispute resolution tool in NJ,
making it one of only ten states that have passed such a legislation.
Now, with this law, designated nonprofit organizations in
New Jersey will be able to better achieve international mediation, arbitration,
and conciliation, and Karen DeSoto said “it feels great that the Institute for
Dispute Resolution helped” in doing so.
The IDR, which is focused on negotiation and mediation, both
domestically and internationally, has been encouraging the practice to
businesses through collaborative actions and events, and educating students --
through study as well as practical experience by participating in international mediation
competitions and events.
IDR has played a great role in this legislation, and expects
to contribute to the shaping of education policy in the future.
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