What are the steps of arbitration proceedings?

Arbitration proceedings involve resolving a dispute through a private forum, rather than through a court. The steps of arbitration proceedings in Florida are as follows: 1. The parties agree to resolve the dispute in an arbitration setting. This agreement must be in writing and signed by both parties or their representatives. 2. Both parties select an impartial arbitrator. This person must be knowledgeable and have no vested interest in the dispute. 3. The arbitration hearing is scheduled and both parties are notified. The parties may have attorneys represent them, unless other arrangements have been made. 4. At the hearing, both parties present their cases, including evidence and witnesses. The arbitrator listens to arguments from both sides and makes a decision. 5. The arbitrator issues an arbitration award indicating the resolution of the dispute. 6. If either party does not agree with the arbitration award, they have the right to appeal the decision to the Circuit Court. The appeal must be filed within 30 days of the issuance of the arbitration award. These steps of arbitration proceedings provide a less formal and less expensive alternative to resolving disputes in court. Arbitration proceedings can be complicated, so it is important to consult an attorney for assistance.

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What are the steps of arbitration proceedings?

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