Is There a Limit to the Power of Arbitration Attorneys?
Arbitration has become a unique and streamlined alternative to lengthy and expensive trials. Whether it is done between two private parties, an employee and employer, or even between a company and consumer, arbitration has the full backing of the law. This can lead to some confusion about what limits arbitration attorneys may have.
Arbitration attorneys will essentially act as a mediator, jury, and judge between two parties during a legal dispute. Both parties involved will generally agree on the attorney and the limit of power that they will possess. Most arbitration is a financial dispute in which one party is looking for monetary compensation by the other party. The attorney may hear out both arguments, look through evidence, and even question multiple witnesses depending on the severity of the legal matter.
The decision of the presiding attorney is fully legal and completely backed by the law. Legally, both parties must honor whatever conclusion the attorney comes to. This does not mean that the arbitration attorney has all the decisions available that a judge and jury possess. The attorney may order a rectification, a specific performance, or demand that one party refrains from certain actions.
These professional arbitration attorneys can be invaluable to almost any entity considering entering into a civil case. The court process is both expensive and lengthy with recent studies showing average civil suits to take up to three years. Look no further for a local arbitration attorney that can turn an unfortunate event into a manageable and successful experience.