What’s the difference between arbitration and mediation?
Mediation can be seen as the first step in a two-step process. During mediation, parties may argue over the interpretation of a clause in a contract or a fair award for damaged property. The arbitrator works with the parties to forge an agreement. He does not impose a result, but rather helps them achieve it. If the parties can’t agree, the dispute might move to arbitration, where a neutral arbitrator listens to the facts of a case and renders a decision. In non-binding arbitration, the parties can reject the decision then move on to binding arbitration or trial. In binding arbitration, parties agree to abide by whatever the arbitrator decides and there is no appeal. Each stage of this process requires preparation, execution and high-level decision making, weighing costs and benefits, and anticipating consequences. Mr. Hoffman approaches arbitration as he would a trial: meticulously preparing your case, researching relevant law and weaving material facts into a compelling narrative asserting your cause. If the arbitrator is neutral, why do I need a lawyer? Contact a determined Greenwich, Connecticut ADR law firm The Law Offices of Kevin T. Hoffman is located in Greenwich, Connecticut, and represents clients nationwide.
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