What are the differences between a trial and an arbitration?

A trial and an arbitration are two different processes used in accident law in Minnesota. A trial is a formal process in which a judge or a jury hears evidence in a court case and makes a decision about liability in an accident. The trial process is adversarial in nature and involves both parties presenting evidence to prove their side of the story. The judge or jury evaluates the evidence and makes a final ruling on the case. Arbitration is an alternative dispute resolution process used in accident law cases. It is a voluntary process in which the parties present their case to an impartial third-party arbitrator, rather than a judge or jury. The arbitrator evaluates the evidence and hears arguments from both sides and then makes a decision. Arbitration is less formal than a trial but the final decision is just as binding. The main difference between a trial and an arbitration is that in a trial, a judge or jury makes the final decision, whereas in an arbitration, an impartial third-party arbitrator makes the decision. Additionally, a trial is typically more adversarial while arbitration encourages the two parties to reach a mutually beneficial resolution. Lastly, trials are generally more expensive and can take a long time, whereas arbitration is often quicker and less expensive.

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What are the differences between a trial and an arbitration?

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