What Are Some Of The Problems With Arbitration? One of the biggest faults I see in arbitration is that it is strictly adversarial, meaning that there is a person, or in some cases a panel of people, whose job it is to make a decision. They must determine a winner in a dispute. Arbitration leaves
Is Arbitration A Good Thing? Arbitration is often resolved much more quickly than court proceedings, so attorney fees are reduced. Also, there are lower costs in preparing for the arbitration than there are in preparing for a jury trial. For binding arbitration, there are limited opportunities for appeal. Is arbitration good or bad? Arbitration is
What Is The Difference Between Mediation And Arbitration? However, unlike mediation, the Arbitrator serves as a private judge to listen to the evidence and make rulings to determine the outcome of the dispute. Thus, in arbitration, the private judge is in control of the process and the outcome, whereas in mediation, the disputing parties maintain
Do Both Parties Have To Agree To Go To Arbitration? Do both parties have to agree to go to arbitration? In most cases, this decision is binding. In other words, it is the equivalent of a judge’s ruling and is not a mere suggestion. In most cases, arbitration is a voluntary process. In other words,