Agreement With Arbitration Clause In Washington
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FAQ
Parties involved in arbitration are effectively opting out of the court system and submitting their dispute for resolution by a neutral, third party arbitrator. Arbitration is generally faster, less expensive and more informal than going to court. It also has the advantage of being private and confidential.
Arbitration is a fairer, faster, and less expensive way to resolve disputes than time-consuming and expensive litigation.
(1) An agreement contained in a record to submit to arbitration any existing or subsequent controversy arising between the parties to the agreement is valid, enforceable, and irrevocable except upon a ground that exists at law or in equity for the revocation of contract.
No claim exceeds the jurisdictional limit of $100,000, exclusive of attorney's fees, interest, or costs.
If possible, avoid the use of technical jargon or "shop talk." Remember that the arbitrator may not know the details of your work or the Postal Service. However, if you must use "shop talk" to clarify a point, be sure to briefly define what you mean.
An arbitration proceeding is similar to a regular court trial. The main difference is that arbitration can be either binding or non-binding, as agreed in advance by the disputing parties. If binding arbitration has been chosen, the decision or award is final.
Arbitration must be commenced as follows: (a) If the matter is not settled through mediation under RCW 11.96A. 300, or the court orders that mediation is not required, a party may commence arbitration by serving written notice of arbitration on all other parties or the parties' virtual representatives.
Either Party to a contract in which there is an Arbitration clause can either himself or through an authorised agent may invoke Arbitration so as to refer the dispute to arbitration, as per provisions of the arbitration clause.
(1) An agreement contained in a record to submit to arbitration any existing or subsequent controversy arising between the parties to the agreement is valid, enforceable, and irrevocable except upon a ground that exists at law or in equity for the revocation of contract.
Of Conflict Resolution 415 (2020). 10 The text of the FAA declares that written provisions in a contract “to settle by arbitration a controversy thereafter arising out of such contract” are “valid, irrevocable, and enforceable.” 9 U.S.C. § 2.