Dependable Mediation & Arbitration Lawyers

Lawsuits can be very expensive and take years to resolve. Thus, it is not surprising many parties are interested in exploring options for litigation. Such options include mediation and arbitration, which are two alternative processes that can help the parties obtain a result without many of the downsides of litigation. The Attorneys for Freedom Law Firm provides mediation and arbitration services to assist parties in resolving their disputes. When doing so, our attorneys act as neutral mediators or arbitrators without representing either party.

What is the difference between mediation and arbitration?

Mediation
Mediation is a process in which the parties attempt to resolve a dispute through the use of a mediator. A mediator is a neutral party who helps facility a resolution that is acceptable to all parties. The parties retain the right to decide whether or not to agree to a resolution or settlement. The mediator has no power to impose a resolution, other than the work with the parties to try to resolve their disputes. To ensure there is an agreed-upon resolution, any settlement is memorialized in a written agreement between the parties.

Arbitration
Arbitration is similar to a trial but without many of the formalities. An arbitrator has a role similar to a Judge. In this regard, the arbitrator is the decision-maker and renders a final decision for the parties. Arbitration can be formal or informal. Also, when entering into the process, the parties must agree whether the final decision will be binding or appealable.

When can parties utilize mediation and arbitration?

Mediation and arbitration are available any time parties have a dispute, regardless of whether the parties are involved in a lawsuit or not, provided the parties agree to participate in arbitration or mediation. However, if there is a lawsuit pending, the judge may order the parties to proceed to arbitration or mediation.

The underlying dispute between the parties can involve almost any issue. This would include issues between neighbors, contract disputes, money claims, personal injury matters, and any other issues for which parties disagree.

The process can be used regardless of whether parties are represented by an attorney or not. Given the costs and time associated with lawsuits, it is common for attorneys to use mediation or arbitration in representing their clients. However, a party is not required to have an attorney.
Indeed, there are many times when a person cannot afford an attorney but are looking for ways to best resolve a matter.
Arbitration or mediation may be a good alternative when the parties are concerned about costs and attorneys’ fees associated with formal litigation.

What are the benefits of mediation and arbitration?

Lawsuits can take years to resolve and may cost both parties a significant amount of money for both costs and attorneys’ fees. Mediation or arbitration can occur early on to avoid both the time and costs associated with litigation. With a trial and arbitration, there will be a so-called winner and loser. However, with mediation, there is the potential for a win-win outcome that is acceptable to all parties, especially since the parties must come to an agreement to resolve their matter. In addition, the parties can agree to confidentiality with regard to mediation to avoid problems that may arise for others knowing about their problem or resolution.

If you are searching for an experienced law firm for Mediation & Arbitration, contact the Attorneys for Freedom today.