decision of arbitrator is binding upon the parties, whereas parties
must agree to a solution in mediation
less expensive than litigation
parties can choose their arbitrator, whereas they cannot choose their
judge in litigation
parties can set some of their own rules for the conduct of the
hearing
faster than litigation in resolving disputes
can be done at times more convenient to the parties
less stressful than litigation
private
Many of you will have seen the movie, Erin Brockovich, starring
Julia Roberts. In that movie, a law suit was started against a utility
company. In the end, the case went to arbitration because it was quicker
than going through the regular court process.
For the Arbitration Index, including how to find an arbitrator please
click here.
For information on Norman Pickell's Arbitration Practice click
here.