Arbitration vs. Court Lawsuit - Pros and Cons

Arbitration Pros

• Private and confidential - can avoid public airing of dirty laundry.
• Sometimes faster and less costly over all than court lawsuits.
• Can dictate faster timeline in the arbitration agreement. 
• Finality - no right to appeal - You lose you're done, but your done. 

Arbitration Cons

• Legal disputes are always costly, difficult and stressful. 
• Rules of Evidence may not strictly apply.
• No right to appeal - You lose you're done and stuck with a bad result.
• Costly arbitrator fees and expenses. 

Court Lawsuit Pros

• Judges are "free paid by taxpayers".
  
• Rules of Evidence apply and can lead to more correct results.  
• Right to appeal  - You lose your'e not necessarily done. 
• Risk of open lawsuit can act as a deterrent to avoid the lawsuit. 

Court Lawsuit Cons

• Legal disputes are always costly, difficult and stressful. 
• Public airing of dirty laundry.
  
•   Right to appeal  - You lose your'e not necessarily done and can appeal seeking correction . 

Contact Mark D. Walters