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What is arbitration in law
What is arbitration in law






what is arbitration in law

It is likely that the whole Arbitration process can be completed in a 3-6 month period. The main advantage to Arbitration is efficiency. The Award is intended to be final and to settle all the matters between the parties. The time frame is usually much quicker than waiting for a judgement to be delivered by a judge in our Courts. Once the matter is heard, the Arbitrator must provide each party with an award and their reasons for the determination and outcome. During that process, the issues usually discussed are the disputes, the application of the evidence, and the rules of formality that are sought on each of the parties. The Arbitration usually schedules a preliminary conference with the parties of the matter prior to commencement. After the Arbitration is appointed, they usually set an agreement to parties that sets the terms of the engagement and costs. Their role, is to consider the evidence from the parties and decide concerning the property division.Īrbitrators can usually have input as to how the Arbitration takes place. They are highly experienced lawyers and usually family lawyers who have completed accredited training and are named an accredited Arbitrator. They don’t act or advocate for either of the parties. Cases referred to Arbitration could have their matters finalised in a matter of 3-6 months.Īn arbitrator is an independent person who works in the matter. It helps families settle their property matters much quicker than it has historically taken to get these matters heard and determined by a judge in the courts. This may change in the FCC from the emphasis on dispute resolution that had come about on the 1st of September when the Courts merged.Īrbitration is a term of litigation for financial matters. Arbitration isn’t a new term however, it isn’t as recognized as it should be. This week we have Senior Associate Dannielle Young running through what Arbitrationation is. Prenuptial & Binding Financial Agreements.De-facto Lawyers Gold Coast and Brisbane.We’re open 9AM – 5PM Monday – Friday and we are closed on Saturday and Sunday.įor additional questions you can call us at (480) 999-2321 ro you can find us on Yelp. Turn right onto E Southern Ave, then Turn left and Destination will be on the right. Then Continue on S Val Vista Dr to your destination and Turn left onto S Val Vista Dr. After that, Use the right 2 lanes to take exit 55A-B to merge onto US-60 E toward Globe, then Take exit 184 for Val Vista Dr.

what is arbitration in law what is arbitration in law

Take exit 184 from US-60 E after that Merge onto E Sky Harbor Blvd, then Use the left 2 lanes to merge onto AZ-202 Loop E toward Tempe/Mesa and Use the right 3 lanes to take exit 9 to Merge onto AZ-101 Loop S. After that, Continue straight to stay on S 41st St, then Take AZ-202 Loop E, AZ-101 Loop S and US-60 E to S Val Vista Dr in Mesa. From Phoenix Sky Harbor International Airport (PHX), Take S 41st St to E Sky Harbor Blvd, then Head west on E Sky Harbor Blvd and Use the left lane to take the exit toward S 41st St. Jensen Family Law in Mesa is located on 3740 E Southern Ave Suite 210, 85206 Mesa, Arizona. This option also tends to be more expensive than mediation because you and your spouse not only have to pay for an arbitrator and each of your attorney fees, but, depending on the complexity, the “trial” preparation is often as extensive and time-consuming as preparing for an actual trial. Arbitration is not always confidential depending on what your signed arbitration agreement states. Like a court trial, you have little control over the outcome. There are opening statements, presentation of the evidence, cross-examination, and closing arguments. During arbitration there is an actual “hearing,” similar to a court hearing, but in a less formal setting. This document gives the arbitrator decision-making authority, narrows the issues to be arbitrated (frequently issues that weren’t resolved through mediation) and defines whether the arbitrated award will be binding and thus become a court order.Īs in mediation, you and your spouse usually both hire attorneys to help with the arbitration process so that you are both advised and represented by an experienced divorce lawyer. When a couple decides to arbitrate their case, all parties involved must initially sign an arbitration agreement. Arbitrators, unlike mediators, act like a “judge,” as they are professionals trained to hear testimony, take evidence, and issue actual decisions for the couple. Arbitration is an option that involves a third party called an arbitrator.








What is arbitration in law