For Arbitration,
the procedure is typically less formal than a court procedure, and more
streamlined. The specific procedure can be agreed to by the parties or, if not
agreed to, determined by the arbitrator. By agreement, the parties can elect
that certain court rules apply, or can elect that the Commercial Arbitration
Rules of the American Arbitration Association (or other arbitration procedures)
govern. They can even make up their own rules by agreement. Typically, the
procedure involves reduced and simplified “discovery” and simplified hearings.
This expedites the resolution and keeps the costs down. The parties can even
agree not to have a formal hearing. A decision is rendered within thirty days of
the close of the hearing. Contrary to popular belief, the arbitrator’s decision
will not necessarily be a “compromise” between the positions of the parties.
For Mediation,
the process is very informal. The parties will first confirm that they
understand that the process is confidential to the extent permitted by law, and
that any settlement agreement reached will be a voluntary one. The mediator will
meet with the parties jointly to try to resolve the dispute. The session may
last a few hours or an entire day. Follow-up sessions are a possibility if the
parties agree. In any session, the mediator may meet with the parties separately
to assist the settlement process. If a settlement is reached, the parties can
prepare the settlement agreement or assist the mediator in preparing the
agreement.
EqDR can arbitrate or mediate disputes throughout the United States. One of the
benefits of the arbitration or mediation process is that the parties can
determine where they want to have the arbitration or mediation sessions. Mr.
Becker or other neutral is available to travel to the location selected by the
parties.
Arbitration and mediation sessions are usually held in comfortable conference
room facilities, rather than courtrooms. The parties can make the arrangements,
or the arbitrator or mediator can make the arrangements.