Making the correct decision between arbitration and standard litigation can significantly impact your out-of-pocket cost and timeline for a resolution. There are many nuances involved when deciding the positives and negatives of both arbitration and litigation that often require the expertise of an attorney. They will work closely with you to uncover your ultimate goal and craft a solid legal strategy that will put you in the best position to succeed.

What Is Litigation?

Litigation is what most people think of when they think of a lawsuit—two sides in a courtroom presenting evidence to a judge and arguing for a verdict in their favor.  The process is formal, and the result is binding.  However, the potential legal fees and court costs are high, which sometimes leads the involved parties to seek a resolution via arbitration. 

What Is Arbitration?

Arbitration is a less formal approach to a litigation proceeding.  During arbitration, an arbitrator will hear an abbreviated version of the arguments regularly heard during litigation from either the parties themselves or their attorneys. The catch, however, is that the decision ultimately rendered by the arbitrator is not necessarily binding.  A time period exists after the arbitrator issues their ruling where either the plaintiff or defendant may contest the decision and request a formal trial.  However, if neither party demands a formal trial within the specified time period, the arbitrator’s ruling will be made final and the decision will be binding.    

The distinguished attorneys at Keith & Associates have been serving Murray County, Georgia for over a half century.  Specializing in civil litigation, William and Ashley Keith have the institutional knowledge necessary to properly advise you about your options when it comes to arbitration and litigation. Contact them at (706) 695-4511 today or visit them online.