Arbitration
Arbitration is a time-tested, cost-effective alternative to litigation. Arbitration is the submission of a dispute to one or more impartial persons for a decision, known as an “award.” Awards are made in writing and can be non-binding or they can be final and binding on the parties in the case.
Arbitration and Mediation For Florida’s arbitrators possess years of industry-specific knowledge and experience.
An arbitration request can be court ordered or commence administration of an arbitration case when one party submits a Demand for Arbitration and a copy of the arbitration provision from a contract. Next, an arbitrator (or panel of arbitrators) is chosen by the parties. From there, the respondent will be notified by the arbitrator, and a deadline will be set for an answer and/or counterclaim.