Arbitration Attorney

Arbitration versus Litigation

A workable definition for arbitration would be that it is a method of resolving a dispute between parties without the use of litigation. In arbitration, the dispute in question is referred to an impartial third party. This person looks over the case at hand and gives a legally binding decision that both parties must adhere to. The duties of an arbitrator are similar to those of a judge and most courts adhere to the decision of the arbitrator as they would their own decisions. Arbitration is commonly used in commercial litigation and in disputes arising from all manner of business dealings. Areas such as breach of contract, breach of warranty, insurance matters and many others, can all reach a positive outcome through successful arbitration. Insurance claims can often be resolved through arbitration when necessary.

Lawsuits do serve a very worthwhile purpose and sometimes they are the best tool to protect your interests. At Clearman | Prebeg, they can work with you to establish whether arbitration is the correct method to use in achieving your goals. If this is the case, a professional commercial litigation lawyer should be retained so that arbitration matters are handled skillfully on your behalf.

The Advantages of Arbitration

Speed of resolution is a primary advantage of handling disputes through arbitration. Commonly, months are spent in arbitration as opposed to years in litigation. Arbitration can be less expensive than a lawsuit, which can be part of its appeal. Arbitration proceedings and their outcome can be made confidential, which may be important to all concerned. The firm handles arbitration matters throughout the U.S. and even internationally. In most jurisdictions, arbitration decisions are not appealable and the award given is final.

The firm"s years of experience dealing with major cases involving corporations across the nation places them in a unique position to arbitrate commercial matters of a wide variety. They can walk you through the steps of arbitration including how to start the arbitration process, selection of a suitable arbitrator, claim or response in the dispute, discovery and review of evidence and so on down to the final award.

If you feel that arbitration may be the best method for solving a legal dispute, immediately contact an Arbitration Attorney for assistance.