When is arbitration preferable to litigation?
When is arbitration preferable to litigation?
Answers & Replies
3Arbitration can offer privacy and procedural flexibility, but it can also be expensive.
This is general information only; the specific facts and applicable law should be reviewed before acting.
The answer depends on the clause, dispute type, enforcement needs, seat, governing law and the parties’ objectives. Arbitration is not automatically faster or cheaper in every case.
This is general information only; the specific facts and applicable law should be reviewed before acting.
Read the arbitration clause carefully before commencing any process because it may determine the proper procedure.
This is general information only; the specific facts and applicable law should be reviewed before acting.
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