What are the advantages of arbitration over litigation?

What are the advantages of arbitration over litigation?

Arbitration offers several advantages, including faster resolution, confidentiality, and more control over the process.

Can you explain how arbitration is faster than going to court?

Certainly! Arbitration typically has a more streamlined process, with fewer procedural delays compared to court litigation.

Is arbitration always confidential?

Yes, arbitration proceedings are generally private, which helps protect sensitive information from public disclosure.

What about the costs? Is arbitration cheaper?

Arbitration can be less expensive than litigation, but it depends on the complexity of the case and the arbitrators' fees.

Are there any disadvantages to arbitration?

Yes, some disadvantages include limited appeal options and potential bias if the arbitrator is chosen by one party.