The Pros and Cons of Arbitration

When resolving a legal dispute, parties can consider arbitration if their business contract includes an arbitration clause. Arbitration is a private method of legal conflict resolution where a dispute is submitted to an arbitrator(s), a neutral third party who handles the case, by involved parties. The dispute is settled outside of the judiciary court by arbitrators who render an arbitration award. Although arbitration may be an attractive option for those seeking to resolve a conflict quickly and confidentially, organizations considering this option must understand the potential positives and negatives of the process. Read below to understand the pros and cons of legal arbitration and how the Dallas law firm of Ritter Spencer PLLC can help parties involved in a legal dispute make the right decision for their business. 

Ritter Spencer, PLLCThe Pros and Cons of Arbitration
Read More

Arbitration Versus Mediation: What’s the Difference?

When business disputes arise, owners and managers must determine the method of resolution that is most likely to produce a compromise between the two disputing parties. Arbitration and mediation are two alternative dispute resolution (ADR) strategies that are designed to resolve conflict outside of the court system. Read below to learn more about the difference between arbitration and mediation and the advantages of each. For businesses interested in alternative dispute resolution, you can rely on Dallas commercial business litigation attorney, David Ritter, to guide your business through this complex process and find the best outcome.

Ritter Spencer, PLLCArbitration Versus Mediation: What’s the Difference?
Read More