{"id":1375,"date":"2013-02-27T08:06:42","date_gmt":"2013-02-27T15:06:42","guid":{"rendered":"https:\/\/www.myconstructionexpert.com\/blog\/?p=1375"},"modified":"2013-02-27T08:06:42","modified_gmt":"2013-02-27T15:06:42","slug":"arbitration-vs-litigation-5-issues-to-consider","status":"publish","type":"post","link":"https:\/\/www.myconstructionexpert.com\/blog\/arbitration-vs-litigation-5-issues-to-consider\/","title":{"rendered":"Arbitration vs. Litigation \u2013 5 Issues to Consider"},"content":{"rendered":"

J. David Arkell and Benjamin M. Petre – February 14, 2013<\/p>\n

Our topic for the month\u2026<\/p>\n

Deciding whether to utilize a mandatory arbitration clause in a contract is important, especially in the construction industry. Advantages and disadvantages of litigation versus arbitration should be carefully weighed before entering into a contract or subcontract. Factors to consider:<\/p>\n

Time. Arbitration frequently results in a quicker decision than taking the matter to trial, largely due to the absence of extensive pretrial discovery.<\/p>\n

Cost. Arbitration tends to be less costly than litigation, most often because of the limited discovery process.<\/p>\n

Confidentiality. Barring the entry of a protective order, litigation is a matter of public record. Arbitration is a private proceeding, and thus more likely to ensure confidentiality.<\/p>\n

The Decision Maker. An experienced arbiter or panel with expertise in the subject area can greatly streamline the process and bring credibility to the decision.<\/p>\n

Appeal. Litigants can appeal disputed results, while an arbitrator’s decision is generally not subject to appeal. If finality is a priority, arbitration is likely the better option. Litigation is preferable if you want to maintain the option to correct decision mistakes through appeal.<\/p>\n

via Arbitration vs. Litigation \u2013 5 issues to consider – Lexology<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

J. David Arkell and Benjamin M. Petre – February 14, 2013 Our topic for the month\u2026 Deciding whether to utilize a mandatory arbitration clause in a contract is important, especially in the construction industry. Advantages and disadvantages of litigation versus arbitration should be carefully weighed before entering into a contract or subcontract. Factors to consider:… Continue reading Arbitration vs. Litigation \u2013 5 Issues to Consider<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[41,172],"tags":[42,78],"class_list":["post-1375","post","type-post","status-publish","format-standard","hentry","category-arbitration","category-construction-law-2","tag-arbitration-2","tag-litigation","entry"],"jetpack_publicize_connections":[],"yoast_head":"\nArbitration vs. Litigation \u2013 5 Issues to Consider - Advise & Consult, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.myconstructionexpert.com\/blog\/arbitration-vs-litigation-5-issues-to-consider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arbitration vs. Litigation \u2013 5 Issues to Consider - Advise & Consult, Inc.\" \/>\n<meta property=\"og:description\" content=\"J. David Arkell and Benjamin M. Petre – February 14, 2013 Our topic for the month\u2026 Deciding whether to utilize a mandatory arbitration clause in a contract is important, especially in the construction industry. Advantages and disadvantages of litigation versus arbitration should be carefully weighed before entering into a contract or subcontract. 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