Out of the alternatives to litigation, arbitration is the most similar to litigation. Parties give arguments. Evidence is reviewed and a decision is rendered, which is called an award. The arbitration can be binding or non-binding. It is difficult to appeal a binding decision. Arbitration is generally used with business disputes or employment disputes. The arbitration can be either voluntary or mandatory, depending on the claim.
Arbitrators are generally seasoned attorneys or retired judges. They should have practiced in corporate, business, or employment law. We can assist you in selecting an arbitrator.
The draw of arbitration is that the results are generally quicker than it would take to move a matter all the way through trial, and is usually less expensive than litigation. The difficulty of challenging an award is another draw, because parties like the finality of an arbitration award (which can be reduced to judgment relatively quickly if necessary).