What Is Arbitration?
In arbitration, a dispute is submitted to an arbitrator for a decision. Arbitration may be binding or nonbinding. Binding arbitration involves having a neutral person decide a dispute, after …
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What Is Faa?
The courts and the public in recent years have become impatient with the costs and delays associated with litigation of civil disputes. As a result, Congress enacted the Federal Arbitration Act …
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What Are The Benefits Of Mediation And Arbitration?
Mediation and arbitration is less time consuming and often cheaper than courts, where claims may take nor e than a year to be heard, In mediation, parties to a dispute have a third party (hopefully …
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The Different Types of Alternative Dispute Resolution
The American judicial system is a well established way of providing a fair resolution to legal disputes. However, many people agree that going to court is an expensive and time consuming way to come to a resolution. Accordingly, alternative dispute resolution options are becoming more popular as a way to settle legal matters without incurring the expense of litigation or the …
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