Arbitration In Dispute Resolution In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00416-2
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is a legal document executable between two parties to resolve disputes through binding arbitration rather than in court. It outlines the process for initiating arbitration, including sending a written notice that describes the claims and remedies sought. Arbitration is intended for all claims, disputes, or controversies listed in the agreement. A single impartial arbitrator will be selected by the parties or an appointed arbitration association to make a final and binding decision, which will include a written explanation. The agreement emphasizes that parties waive their right to a jury trial and acknowledges the differences in procedural rules between arbitration and court. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in Queens as it streamlines dispute resolution, saves time, and reduces costs associated with the judicial process. Furthermore, the agreement allows legal professionals to provide clients with a clear understanding of arbitration protocols while ensuring compliance with local regulations.
