What is the timeline for an arbitration process?

An arbitration process in South Carolina follows a timeline of steps that participants must take in order to come to an agreement. The timeline begins when a dispute arises and one or both parties to the dispute decide to seek arbitration. The parties must then negotiate an arbitration agreement, which outlines the procedures to be used, who will act as the arbitrator, and the fees for the arbitration process. Once the agreement is signed, the parties must provide full disclosure of facts, documents, and evidence that are relevant to the dispute. This is followed by a pre-hearing conference in which the parties may attempt to settle the dispute without going to arbitration. If the dispute is not settled at the pre-hearing conference, then an arbitration hearing will be scheduled. During the hearing, each party will present their case and evidence to the arbitrator. The arbitrator will then decide on a binding decision which both parties are required to abide by. Once the arbitrator makes a decision, the parties must then comply with the terms of the decision or take further action, such as filing an appeal or seeking enforcement of the decision. This entire process usually takes about six months, although the timeline can be longer or shorter, depending on the complexity of the dispute.

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What is the timeline for an arbitration process?

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