Yes, a process for resolving conflicts by using a neutral third party is commonly referred to as mediation. In mediation, a neutral facilitator—known as a mediator—assists the parties in conflict to communicate effectively, identify their needs and interests, and explore potential solutions. The mediator does not make decisions for the parties but helps them work towards a mutually acceptable resolution.
Another related process is arbitration, where a neutral third party—known as an arbitrator—hears the arguments from both sides and then makes a binding decision to resolve the conflict.
Both mediation and arbitration are part of alternative dispute resolution (ADR) methods, which are often preferred over traditional litigation due to their potential for being more efficient, cost-effective, and less adversarial.