In arbitration, a panel of one to three arbitrators hears and weighs the arguments and evidence of both sides of a case, then renders a binding decision. The arbitrators generally include at least one person with extensive securities knowledge and can also include accountants, attorneys, sales representatives, bankers, educators, retired judges and other professionals. Unlike court proceedings, arbitration usually doesn't involve lengthy oral depositions, motions, or appeals.
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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified arbitration lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local arbitration attorney to discuss your specific legal situation.