What Is Expedited Arbitration?
Expedited Arbitration is, as its name suggests, a form of arbitration in which certain modifications are introduced in order to ensure that the arbitration can be conducted and an award rendered in a shortened time frame and, consequently, at a reduced cost. To achieve those objectives, the modifications provide for a sole arbitrator, shortened time periods for each of the steps involved in the arbitration proceedings, and condensed hearings before the sole arbitrator.
Other Louisiana Alternative Dispute Resolution FAQs
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Q:
What Is Arbitration?
A: Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to an arbitrator or to a tribunal of several arbitrators who give a decision … More -
Q:
Can The Mediator Settle Our Case?
A: No. The mediator does not have any power to impose a settlement on the parties. Mediation is also voluntary in the sense that either party may, if it so chooses, … More -
Q:
What Does Claimant Mean?
A: Claimant means the party initiating arbitration.
Alternative Dispute Resolution Sub-categories
| Arbitration | Mediation |