Arbitration and mediation are two different elements of Alternative Dispute Resolution (”ADR”).
Although many people have heard about arbitration, mediation and/or ADR, most people do not know how these procedures work.
Surprisingly, our Law Firm has seen many people routinely sign agreements which contain provisions for arbitration or mediation without knowing whether these proceedings suit their purposes or not.
To begin with, ADR techniques are not automatic; they can only take place if parties agree to employ them in substitution for a trial. There are expenses involved, too, for all ADR trial substitutes . . . filing fees and costs for those who render ADR determinations are routine.
In other words, there are benefits and detriments to ADR
Our Law Firm knows ADR and help advise you about whether you should waive your rights to a trial to pursue ADR.
• Is ADR faster?
• Is a result in ADR binding and enforceable?
• Can I appeal if I feel the ADR decision is wrong?
• Is a judge or a jury in a courtroom better or less equipped to deal with the particular issues involved?
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