What are the steps of arbitration proceedings?

Arbitration proceedings are a type of alternate dispute resolution that is used to settle disputes. In Kansas, arbitration proceedings typically consist of the following steps: 1. Initiation: The process begins when a dispute arises and either party agrees to pursue arbitration as a method of solving the dispute. 2. Selection: The parties must agree on a neutral third-party arbitrator, who will be responsible for listening to both parties’ sides of the dispute and making a binding decision. 3. Preparation: The parties must prepare all the necessary paperwork, such as the arbitration agreement and a summary of the dispute. 4. Hearing: The parties will appear before the arbitrator and present their cases. The arbitrator will listen to the evidence presented and can ask questions in order to get more information. 5. Award: After hearing both sides, the arbitrator will make a decision, known as an award. The award is binding on the parties and must be followed by the parties. 6. Implementation: The parties must follow the award as if it were a court order, carrying out the terms specified in the award. Arbitration proceedings can provide a fast and efficient way of settling disputes without having to go to court and incur the associated costs. It is important that parties are aware of the steps involved in order to understand the process and ensure that it is conducted properly.

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What are the steps of arbitration proceedings?

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