What Are The Advantages And Disadvantages Of Arbitration Over Litigation? Arbitration as compared to litigation is less time consuming as well as less expensive. Arbitration aims at providing expeditious resolution than the normal court proceedings, Similarly, it is less costly than the court proceedings. What are 2 advantages of arbitration? Advantages of Arbitration The parties
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