Arbitration:
an alternative dispute resolution option allowing a third party to hear and settle the case, outside of a courtroom.
The difference between mediation and arbitration:
Arbitration has the ability to render an award, decided by the arbitrator, while mediation is finding a common ground decided by the parties involved.
Benefits of Arbitration:
Arbitration, much like mediation, can reduce the costs to all parties by reaching a resolution outside of a courtroom.
Arbitration options:
Simple – the arbitrator makes a binding decision, no report needed.
Reasoned – the arbitrator provides information for the binding decision.
To inquire about arbitration or mediation scheduling, please call 817.841.9982