nontraditional and Traditional litigation Paper
LAW/531: Business Law
Nontraditional and Traditional Litigation
Many people are aware that litigation is a lengthy and often times difficult crop that can be expensive, time consuming, emotion all(prenominal)(prenominal)y draining, and approximately of all unpredictable. What people might not know readily is that at that place are legal options other than the traditional litigation. Alternatives that are offered to the earthly concern are arbitrament. This method can be set up easily and less costly than a full rivulet in a court room. There are many an(prenominal) benefits to traditional litigation as well as downfalls to alternating(a) scrap resolution. This paper will briefly compare and distinguish traditional litigation to alternative dispute resolution.
Arbitration
Litigation is defined by H. R. Cheeseman as, the process of bringing, maintaining, and defending a showcase, (2010). When face at the legal process behind a lawsuit it is important to understand that there are options other than a full court trial. Arbitration and intermediation use a third party to be an impartial decider of the situation. Many situations look for for a an alternative dispute resolution (ADR) which is defined by Cheeseman as, Methods of resolving disputes other than litigation, (2010).
While both arbitration and mediation both use an impartial third party there are some differences such as: the procedure for arbitration is binding. Arbitration uses one supreme authority from an arbitration association and the most common procedure is for each side to select an justice and then those two arbitrators choose a third arbitrator who acts as the impartial decision maker. The two arbitrators choosen by each side will collect the information about the dispute and the majority renders the decision in written form. So off the beaten track(predicate) all of the talk about arbitration is positive with attributes deal: being less formal, quicker resolution, less expensive. Litigation in like manner has some positives that can be more to the taste...If you want to grab a full essay, order it on our website: Orderessay
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