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| "Be a good listener. Your ears will never get you in trouble. "
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| ~ Frank Tyger |
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| Arbitration is the process in which parties involved in a conflict agree to refer their dispute to an impartial (third) person who makes a decision for them regarding the contested issue(s). The decision of the arbitrator (impartial third person) can be either advisory or binding upon the parties. The parties to the dispute agree in advance as to whether the decision given by the arbitrator will be final and binding, or only advisory. |
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| In an expedited arbitration, the parties are allowed to present their side of a conflict in an informal manner. Each party is allowed to present witnesses, documentation, and other information in an effort to fairly present their position. The opposing party is allowed to "cross-examine" the witnesses, ask questions, and respond to the information. After each party has presented their case, the arbitrator will allow each party the opportunity to give a final summation or closing statement of their case and position. |
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| Once the parties have completed their presentations and summations, the arbitrator will render a quick or speedy decision, hence the intent of an expedited arbitration. Normally, the arbitrator can give a decision after a brief recess, or in more complex matters, the arbitrator may give a decision in 24-48 hours. The arbitrator's decision is brief and concise, and does not consist of a lengthy written analysis of the facts or references to cases or case law.
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| The advantage of expedited arbitration is that it is private and confidential. The parties to the conflict or dispute get a quick and professional decision on the disputed issue(s). And, most importantly, it is informal, less expensive, and considerably quicker than a judicial proceeding. |
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