Alternative Dispute Resolution
Oct. 23, 2023
Is arbitration truly cost-effective?
Arbitration may not be perfect, but it can provide significant value to litigants and the judicial system overall, taking burden from the trial courts and resolving cases quickly and efficiently.
Arbitration – when conducted in accordance with rules and ethical standards – truly represents the best of both worlds. It offers a less costly and more expeditious forum for litigants to present their claims to a neutral decision maker. Instead of waiting years for their cases to be heard, claimants resolve their matters in months with less paperwork and via an abbreviated process. The final decision means just that: no endless appeals and associated costs.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In