Expedited Arbitration

Share This
« Back to Glossary Index
Categories: Dispute Resolution

Expedited Arbitration

Expedited Arbitration is a streamlined process for resolving disputes more quickly than in traditional arbitration. This method is designed for cases that can be resolved swiftly, typically involving lower monetary amounts or simpler issues.

The key features of expedited arbitration include shortened timelines for submitting evidence and arguments, limited discovery procedures, and potentially fewer sessions for hearings. The aim is to reduce the time and costs associated with arbitration while still providing a fair and binding resolution.

For example, in a commercial dispute where two parties are contesting a payment of $50,000, they may opt for expedited arbitration to resolve the issue in a matter of weeks rather than months. The arbitrator may issue a decision based on written submissions and a brief hearing, allowing the parties to reach a resolution quickly and efficiently.

« Back to Glossary Index