What is the dispute resolution process of the American Arbitration Association?
The American Arbitration Association (AAA) provides dispute resolution services for a range of construction law disputes in New Jersey. The dispute resolution process of the AAA has a few steps. First, both parties must agree to use the services of the AAA to settle their dispute. Then, the AAA will appoint a neutral arbitrator for the case. The selected arbitrator must decide the case according to the rules of procedure that they have agreed to. This includes providing one or both parties with an opportunity to present their side of the dispute and relevant evidence. Once the arbitrator has heard from both sides and gathered all the relevant information, they will make a decision on the dispute. This decision is known as the “award” and is generally legally binding. All parties must abide by the arbitrator’s decision. In cases where a party is not satisfied with the award, they may appeal the decision in a court of law. The court will review the arbitrator’s decision to make sure it is consistent with the law and reasonable. If the court finds the award is not reasonable, they can change the award or even order a new arbitration process. Overall, the AAA’s dispute resolution process provides an efficient way to settle construction law disputes in New Jersey. This process involves a neutral arbitrator, both parties providing their sides of the dispute, and the option to appeal in court.
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