What is Arbitration?

What is Arbitration?

Arbitration is the process that is sometimes used to settle disputes, without having to wait for a court ruling. Arbitration can be performed by people or companies, or even a person and a company. It is a process that is often used when the two parties are eager to resolve the dispute amicably but are not able to simply come to an agreement through talking to a mediator.

Arbitration is a common tool used in the event of personal injury, since most injured parties do not want the stress of a full court case – but an arbitrator can help to ensure that the injured party gets fair treatment, and both parties save the cost, time and hassle of having to present their evidence in court.

When is Arbitration Used?

It is sometimes used for other civil and corporate disputes, and it can be beneficial because cases that are seen through arbitration don’t usually attract the kind of attention from the media that a full court case would. There is an incentive for the party that the claim is against to work fairly towards a settlement.

Contact an Arbitration Lawyer

If you have suffered an injury or feel that you have been unfairly treated by a company, and want to go to arbitration, then you should seek advice immediately and document everything that has happened. Be careful about engaging in discussions with the party you are claiming against until you have had advice, because they may try to get you to agree to a settlement that is lower than what you would be entitled to. Remember that you do have rights and that the legal system exists in order to protect your interests, especially in situations where your health or safety was put at risk. Use arbitration if needed, to get what you are entitled to.

The Miami Injury Lawyers are skilled in the art of arbitration and negotiation. Contact our office to schedule a free consultation.