Sometimes there are two groups that has a disagreement but want to avoid going into court. They may not want any unnecessary expenses or want the dispute to be resolved as fast as possible which is impossible in the judicial process. The most common of this are labor disputes which resolutions must be reached quickly by using arbitration.
Arbitration is an alternative way of resolving disputes. They are resolved by a third party called an arbitrator which is someone who performs similar function to a judge and hands down a binding decision after hearing the evidences from both parties. Here are some basic information if you want to be a labor arbitrtor Pennsylvania and the nearby city of New Jersey, NY.
There may be only one individual arbitrator involved in a hearing or a number of them called the tribunal. The tribunal could be of any number but it is preferable to have an odd number so there will not be a tie. They are appointed by either mutually by both parties or an equal number by each one. They could also be appointed by an external institution or individual nominated by the disputing.
There are two categories in labor arbitration. The first one is rights or grievance arbitration that deals with disputes regarding the interpretation of a collective agreement and its application. The other one is interest arbitration in resolving the disputes of parties that are not allowed to have strikes or lock out.
Arbitration has a few advantages against court procedures. The groups disputing are allowed to select the arbitrator and could choose someone who has the technical specialties related to the field of the business to be able to understand the presented evidences better. They could also have the hearing earlier and finish it faster when compared to court proceedings. Less work is needed for preparation too.
Having privacy is also an advantage and things can be kept between only the parties involved. Others not involved such as the media are not allowed in attending the hearings. Decision made will not be published and accessing them is not easy. The schedule of hearing is decided based on the suitable time and place for everyone involved which includes the arbitrators and the witnesses.
It may have a disadvantage of costing a huge amount for the service of the tribunal. It can usually go up to 10 percent of their claim. But others are saying that this may not be as expensive when compared to the expenses in going to litigation.
There is a finality in the decision made by the tribunal and it can not be appealed. So there are some instances that they would make a mistake or bad decision and it can not be remedied. They could also make decisions that would give each party a part of their request resulting in a feeling that there was no justice served.
Remember to select an arbitrator that have the specialties related to the industry of the business you are in. You do not want someone to decide a case which has specifics and evidences that he has little to no idea about. And if you want to be one, then you should have a considerable experience on your field and have leadership qualities.
Arbitration is an alternative way of resolving disputes. They are resolved by a third party called an arbitrator which is someone who performs similar function to a judge and hands down a binding decision after hearing the evidences from both parties. Here are some basic information if you want to be a labor arbitrtor Pennsylvania and the nearby city of New Jersey, NY.
There may be only one individual arbitrator involved in a hearing or a number of them called the tribunal. The tribunal could be of any number but it is preferable to have an odd number so there will not be a tie. They are appointed by either mutually by both parties or an equal number by each one. They could also be appointed by an external institution or individual nominated by the disputing.
There are two categories in labor arbitration. The first one is rights or grievance arbitration that deals with disputes regarding the interpretation of a collective agreement and its application. The other one is interest arbitration in resolving the disputes of parties that are not allowed to have strikes or lock out.
Arbitration has a few advantages against court procedures. The groups disputing are allowed to select the arbitrator and could choose someone who has the technical specialties related to the field of the business to be able to understand the presented evidences better. They could also have the hearing earlier and finish it faster when compared to court proceedings. Less work is needed for preparation too.
Having privacy is also an advantage and things can be kept between only the parties involved. Others not involved such as the media are not allowed in attending the hearings. Decision made will not be published and accessing them is not easy. The schedule of hearing is decided based on the suitable time and place for everyone involved which includes the arbitrators and the witnesses.
It may have a disadvantage of costing a huge amount for the service of the tribunal. It can usually go up to 10 percent of their claim. But others are saying that this may not be as expensive when compared to the expenses in going to litigation.
There is a finality in the decision made by the tribunal and it can not be appealed. So there are some instances that they would make a mistake or bad decision and it can not be remedied. They could also make decisions that would give each party a part of their request resulting in a feeling that there was no justice served.
Remember to select an arbitrator that have the specialties related to the industry of the business you are in. You do not want someone to decide a case which has specifics and evidences that he has little to no idea about. And if you want to be one, then you should have a considerable experience on your field and have leadership qualities.
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