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Alongside mediation, arbitration is a very popular alternative for dispute resolution in numerous kinds of cases. Arbitration in some form has been around for centuries, and it gives parties the opportunity for resolution in a more formal atmosphere with a binding outcome.
There are many benefits in arbitration, but some of the best are fair awards, lower cost, faster time to resolution, awards that are enforceable and final, decision makers who are chosen by the parties based on experience and expertise, flexibility, and privacy. Many individuals who go through litigation find themselves irritated at the cumbersome court rules and procedures and delayed conclusion to their case and the high cost of continued preparation for and appearance in court.
Arbitration allows parties to design the process in a way best accommodated to their needs, and the door is also left open for future adjustment. As a result, individuals feel more in control with the process when compared with litigation. If you are involved in a dispute in Boulder, Colorado, arbitration might be a more efficient and comfortable way to resolve the issue. Choose an expert who is familiar with your type of dispute to get the best possible outcome.
Contact me today at 303-579-5433 to begin.