what are the advantages of arbitration?
there are many advantages of arbitrating that are worth considering...
faster. particularly with the public court system further backlogged as a result of COVID-19 closures, it can take a very long time to go that route. arbitration can offer closure more quickly.
flexible. online arbitration is more flexible than other + traditional adversarial processes. you can customize the process to suit you + your schedule.
private. arbitration awards do not establish precedents + are not publicly available. arbitration offers a way to resolve an issue + keep your business out of the public eye.
you also have a say in who decides your dispute with arbitration. this can be more comforting than the luck of the draw that the court system offers, especially if your conflict will be better addressed by someone experienced in + knowledgeable about the subject matter of your case.