Nebraska Arbitration Forms - Nebraska Arbitration


This form is an Arbitration Agreement. The form provides that the agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process.

Arbitration Agreement - Future Dispute

This form is an Arbitration Agreement. The form provides that the agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process.

Arbitration FAQ

What is an arbitration? 

Arbitration is an alternative means of settling a dispute by impartial persons without proceeding to a court trial. It is sometimes preferred as a means of settling a matter in order to avoid the expense, delay, and acrimony of litigation. There is no formal discovery and there are simplified rules of evidence in arbitration.

Who decides a case in arbitration? 

The arbitrator or arbitrators are selected directly by the parties or are chosen in accordance with the terms of a contract in which the parties have agreed to use a court-ordered arbitrator or an arbitrator from the American Arbitration Association. If there is no contract, usually each party chooses an arbitrator and the two arbitrators select a third to comprise the panel. When parties submit to arbitration, they agree to be bound by and comply with the arbitrators' decision. The arbitrators' decision is given after an informal proceeding where each side presents evidence and witnesses. Arbitration hearings usually last only a few hours and the opinions are not public record. Arbitration has long been used in labor, construction, and securities regulation, but is now gaining popularity in other business disputes.

When is arbitration used? 

Some arbitration proceedings are mandatory, such as many labor disputes. Other arbitration proceedings are incorporated into contracts in the event of a dispute. Couples who sign cohabitation agreements or divorce agreements often include a clause agreeing to go to arbitration if any dispute should arise, thereby avoiding the delay, expense, bitterness and formality of litigation. Companies may seek arbitration of disputes for public relation reasons, so as to avoid the negative publicity of a trial.


What is an Arbitration Agreement?

An arbitration agreement is a written contract between two parties who agree to resolve any disputes or disagreements through arbitration instead of going to court. In Nebraska, an arbitration agreement is a legal agreement that allows individuals or companies to opt for arbitration as a way to settle their disputes. This means that if there is a conflict between the parties involved, they would agree to have an impartial third party, called an arbitrator, listen to both sides and make a decision. By signing an arbitration agreement in Nebraska, the parties are essentially waiving their right to file a lawsuit and choose arbitration as the preferred method to resolve their issues.


How Does Arbitration Work in Business?

Arbitration in business is a way to resolve disputes outside the traditional court system. It involves a neutral third party, called an arbitrator, who listens to both sides of the disagreement and makes a decision. The process begins when both parties agree to submit their dispute to arbitration. The arbitrator ensures that each party has an opportunity to present their case and provide evidence. After hearing all the arguments, the arbitrator issues a decision known as an arbitration award, which is binding on both parties. This means they must follow the decision. In Nebraska, the process of arbitration follows similar steps to the nationwide process. It provides a quicker and more cost-effective way of resolving business disputes, often without the need for lengthy court proceedings.


How Do Arbitration Agreements Work?

Arbitration agreements are agreements made between parties to resolve disputes outside the courtroom. Instead of going to trial, the involved parties agree to have a neutral third party, called an arbitrator, review the dispute and make a binding decision. In Nebraska, arbitration agreements work similarly. When two or more parties enter into an arbitration agreement, they are agreeing to resolve any future disagreements through arbitration rather than filing a lawsuit. This agreement allows the parties to avoid lengthy and expensive court proceedings, and instead, reach a resolution in a more efficient and cost-effective manner.


Is an Arbitration Agreement Right for You?

If you are wondering whether an arbitration agreement is suitable for you in Nebraska, let's break it down in simple terms. An arbitration agreement is a contract that you may enter into to resolve disputes outside the court system. Instead of going to trial, both parties present their cases to a neutral third party called an arbitrator who will make a binding decision. This alternative can save time, money, and avoid the complexities of a courtroom. However, it is important to consider your unique circumstances and whether arbitration aligns with your goals. While it may offer advantages like efficiency and privacy, it also limits your options for appealing the decision. It is advisable to carefully evaluate the pros and cons and seek legal advice before entering into any arbitration agreement that you may be unsure about in Nebraska.


What Does this Agreement Mean for Signatories?

This agreement means that the signatories have come to an understanding and have agreed on certain terms or actions. It implies that they are committed to fulfilling the obligations outlined in the agreement. In Nebraska, specifically, this agreement holds significance as it will affect the signatories' operations, policies, or relationship within the state. It may lead to changes in businesses, regulations, or other aspects that impact the signatories in Nebraska. Ultimately, this agreement will require the signatories to take certain actions or follow specific guidelines, which could have positive or negative consequences for them in Nebraska.