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Arbitration
What is Arbitration
Arbitration is a way to resolve disputes without the need to go to court. It is usually faster, more flexible, and often less expensive than going to court.
Why choose Arbitration?
There are several options available when it comes to construction dispute resolution. One of the main benefits of Arbitration is that you don’t need to go to court, and the details of your matter remain private and do not become public record. Arbitration can be a particularly slow process and can take years to come to a conclusion. It is a fairly formal process, mostly adopted when disputes are complex and/or are of high-value.
What are the benefits of Arbitration?
- Efficiency: Arbitration can be significantly faster than going to court, saving you time and stress.
- Confidentiality: Unlike court proceedings, arbitration is private—your dispute stays out of the public record.
- Expertise: Parties can select arbitrators with specific industry knowledge, helping ensure fair and informed decisions.
- Flexibility: You control the process—timing, venue, and even governing law can be customized.
What is the difference between Arbitration and Adjudication?
Arbitration is voluntary and the decision reached is final and legally binding. It can be a particularly slow process and can even take years to come to a conclusion. It is a fairly formal process, similar to court proceedings, but without the need to go to court. Arbitration is often used on complex or high-value disputes and has very limited grounds for appeal.
Adjudication is often mandatory, especially in construction. Decisions are temporarily binding and can be challenged. Adjudication is relatively swift, with resolution typically within 28 days. It is a fairly informal process, but can be followed by Arbitration or even Litigation, if deemed necessary.
Why use Wright Hassall?
Our experienced dispute resolution team has represented clients across various sectors, including construction, financial services, energy, intellectual property, and technology. From contract drafting with arbitration clauses to final award enforcement, we guide you every step of the way.
We don't believe in one-size-fits-all solutions. Our approach is strategic, pragmatic, and always focused on your commercial objectives. Our team offers the insight and support to help you achieve resolution.
Get in touch with us today to see how we can help you.
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