What types of disputes can be addressed through arbitration?

Alternative Dispute Resolution (ADR) Law, specific to the state of New Hampshire, is a form of dispute resolution between two or more parties where an impartial third-party mediator settles the dispute. In New Hampshire, the most common form of ADR is arbitration, which resolves disputes without going to court. Arbitration is an effective way to resolve disputes that typically involve monetary compensation or contractual matters such as breach of contract. In the event of a dispute, arbitration proceedings are typically used to assess the opposing parties’ claims, and if necessary, to award damages to the aggrieved party. Common disputes that can be addressed through arbitration include disputes over the purchase or sale of real estate, breach of contract claims, property damage, motor vehicle accidents, and employment-related disputes. Arbitration is increasingly being used as an alternative dispute resolution in a wide variety of matters, such as intellectual property, construction, and medical malpractice cases. Arbitration can help parties save time and money they would otherwise spend in court, and can provide a greater opportunity for a successful resolution of the dispute. Generally speaking, arbitration can be used to address both commercial and personal disputes that involve disagreements over monetary compensation or breach of contract. While the specifics of the arbitration agreement may vary, it is important to note that arbitration is usually a binding process, so it is important for parties to consider their options carefully when deciding whether or not they wish to proceed with arbitration.

Related FAQs

What is collaborative law?
What are the ethical considerations for attorneys in an alternative dispute resolution process?
What types of disputes can be addressed through a collaborative law process?
How does an alternative dispute resolution process work?
What types of cases are not suitable for a collaborative law process?
What is the role of the attorneys in a collaborative law process?
What is the difference between arbitration and mediation?
What happens if a party fails to comply with an arbitration award?
What is the process for selecting an arbitrator?
How can a party enforce an arbitration award?

What types of disputes can be addressed through arbitration?

Related FAQs

Related Blog Posts