Arbitration is more formal and complex than mediation, but is still less formal and expensive than a court litigation. The arbitrator has the power to decide the dispute, and that decision is enforceable by applicable laws.
Arbitration can be voluntary or mandatory, with the requirements often set forth in a contract between the parties. Arbitrations can be conducted through organizations like the American Arbitration Association or ad hoc, which simply means that the arbitrator conducts his or her or their own arbitration proceeding. Arbitrations can be headed by a single arbitrator or a panel of multiple arbitrators.
Like Mediation, Arbitration offers a number of benefits over court litigation as a process for resolving disputes. Some of the advantages include:
- Confidentiality – arbitrations are generally confidential, with the hearings occurring in a private setting. Thus, the particulars of the dispute are not usually made public.
- Time efficiency – the arbitration process typically takes far less time than taking a case to trial in court. The process is more streamlined, with discovery generally limited, and the hearing itself is usually shorter than a trial.
- Cost-effectiveness – compared to court litigation, arbitration generally involves less formal procedures, less discovery, and less attorney time spent in preparing and representing a party at the arbitration hearing.
- Some control over the choice of the neutral – in many arbitrations, the parties can select the arbitrator(s) who will hear the dispute. This can help ensure that the arbitrator has relevant expertise and experience.
How Can the Law Office of Jenna F. Karadbil Help Me With Arbitration?
We Serve As Counsel for Parties Involved In Arbitration
The attorneys at the Law Office of Jenna F. Karadbil believe in arbitration and other forms of alternative dispute resolution and are skilled in the process of arbitration. We’ll help you prepare your case in the same way we prepare for negotiation or litigation and see you through the entire arbitration process. Arbitration is the ADR process that is the closest to actual litigation, and we treat arbitration hearings as seriously as we treat litigation.
We Serve As Arbitrators In Arbitration Proceedings
In addition to assisting clients with the arbitration process, our attorneys are also trained to serve as arbitrators. As a neutral, we are able to review the evidence presented and render a decision. We can serve as an arbitrator in a myriad of areas, including:
- Intellectual Property
- Internet/Social Media
- Entertainment Rights
Our experience in these areas enables us to better understand both the disputes and the applicable laws.
Let the Skilled Alternative Dispute Resolution Attorneys at the Law Office of Jenna F. Karadbil Help You
Our attorneys understand the laws, regulations, and procedures of arbitration. We stand ready to help advise you during all steps of the process. If you are looking for trained arbitrators to serve as neutral, we can help with that as well. Contact us to learn more about our arbitration services.