subject: The Benefits Of Using An Arbitrator- The Proof Is In The Pudding [print this page] If you are considering going to trial court it behooves you to take the time to consider some of the benefits of using an arbitrator. The following is a list of a few benefits of using an arbitrator.
Cost Efficiency- it costs considerably less to file for an arbitration case than it does for filing for a lawsuit. Also, since arbitration allows for a lot more of a "do-it-yourself" approach, lawyers are required less, and when lawyers are needed they are required for a shorter amount of time. Since the whole process goes quicker than trial court the costs of lost time and paying for the arbitration process are minimized.
Arbitration Unclogs the Courts- With the heavy burden of so many court cases on the courts the system often gets clogged with too much to do. Taking cases out of the court systems and solving them with alternative dispute resolution (ADR) services such as arbitration or mediation eases the burden on the courts. Arbitration is like Drano to the clogged court system.
Wider access to justice- With prices of trial courts being as high as they are, many people who would like to bring their own cases to justice are simply not able to through the court system. Arbitration fees for filing a case, and the costs of carrying out the proceedings are considerably less than what it costs in trial court. As a result, arbitration opens up the judicial process to a much wider range of people including those who are in the most financial need. Thankfully, arbitration is a great way of leveling the playing field.
Successful Results- According to published data, people that go through the arbitration process are no more likely to fight the decision. In fact, numbers suggest that people who have gone through arbitration are less likely to fight the final decision. The numbers don't lie, and they attest that the success rate of arbitration is very good. People are happy with arbitrated decisions.
Arbitration is More Convenient- It is often a pleasant surprise to first timers to arbitration that they are allowed to use their own words for explaining their case, and for responding to arbitration claims. Being as people are not required to put everything into legal jargon the whole process is much more convenient for all parties. Also, the date and time of the arbitration meetings are not assigned by any governing body, rather everyone involved decides on a date together which is convenient for everybody's schedules.
If you are considering using an arbitrator instead of going to trial court then don't forget to consider these general benefits, and then consider how they apply to your situation.