Arbitration is an adjudicative process in which disputing parties empower an Arbitrator to issue a final and binding award based on the evidence submitted in a hearing. Employment arbitration involves statutory, policy, and “for cause” disciplinary matters not involving collective bargaining agreements.
The advantage of arbitration is privacy, informality, reduced legal cost, time to resolution, and resolution by an expert in the field of dispute.
When do you need to arbitrate a dispute
- When factual and legal issues are relatively clear
- When you seek a private and informal setting
- When you desire a timely hearing and decision
- When you prefer a substantive expert deciding the matter
- When you want a say in the selection of the decision-maker
- When you need a final and binding decision
- When you do not need a judicial precedent