Arbitration Of Legal Disputes
Some parties agree in advance to submit their disputes to arbitration. And some disputes can be best handled through an alternative form of dispute resolution, such as arbitration or mediation. Not all business disputes require civil litigation, which can be costly and time-consuming. At Alvarez Stauffer Bremer PLLC, we are results-driven. We strive to ensure our clients get the most for the money they pay in legal fees, and if an alternative dispute resolution option holds the best chance for a successful outcome, we recommend it.
Our firm’s reputation as tough negotiators in litigation aids us in arbitration settings. We are able to construct a case just as if we were going to trial and provide aggressive representation while being open to alternate solutions to the dispute. We also have experience representing investors in disputes before the Financial Industry Regulatory Authority (FINRA), which is another alternative dispute procedure.
How Arbitration Differs From Commercial Litigation
While arbitration and litigation have similarities, there are also significant differences. One potential upside for a business caught in a legal dispute is that the results of arbitration are private, while litigation becomes part of the public record in most cases. Other differences include:
- Businesses in a contractual relationship can proactively agree to settle disputes by arbitration before an actual conflict arises.
- Consumers who skip through the “fine print” on a business contract may find forced arbitration is now the only venue they have to settle their conflict.
- Judges for commercial litigation cases are assigned randomly to cases, while both parties in arbitration may have input in the arbitrator selection.
- Depending on the type of arbitration used, the case may be decided by a single arbitrator or a panel of arbitrators.
- Arbitration offers many of the facets of a courtroom trial — such as the opportunity to present evidence and cross-examine witnesses — but the process is often more streamlined and less complicated than a judicial proceeding.
- While some types of arbitration allow for an appeal, others mandate that the initial arbitration ruling is final and binding.
Learn More About Arbitration’s Benefits
Wondering whether arbitration might be a better choice than filing a commercial lawsuit? Call our office at 713-351-0300 today or email us to set up an appointment with an experienced arbitration attorney. We work with Texas clients in the Houston area and beyond.