What is the dispute resolution process of the American Arbitration Association?
The dispute resolution process of the American Arbitration Association (AAA) is an alternative to going to court in order to resolve disputes. The dispute resolution process is an efficient and cost-effective way to resolve conflicts in California. First, each party in the dispute must agree to use AAA’s services. Then, each party must select a neutral third party, known as an arbitrator, to preside over their case. This arbitrator acts as a judge and makes a decision about the dispute. After the selection of the arbitrator is complete, each party must provide a written statement, or a “statement of claim”, to the other side in order to explain the issues being discussed. Next, the parties will meet with the arbitrator to present their case. The parties can present witnesses and other evidence to support their argument. The arbitrator will then evaluate the evidence and come to a conclusion. Finally, the arbitrator will draft an award document which states the outcome of the case. This award document is a legally binding decision and will be enforced by the courts. If either party is unhappy with the outcome, they can file an appeal to have the award set aside. The dispute resolution process of the American Arbitration Association is a great way for parties to resolve disputes quickly and efficiently. It provides cost-effective and legally binding solutions to disputes in California.
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