Binding arbitration provides an alternative to lengthy court proceedings. While it offers a more streamlined process, the duration of arbitration varies depending on the complexity of the case and the cooperation of the parties involved. Understanding the time frame helps set realistic expectations for those navigating this legal avenue.
Factors that influence duration
The length of binding arbitration depends largely on the specific details of the case. Complex cases take longer to resolve, like those involving large real estate disputes, especially if they have:
- Multiple parties
- Extensive evidence
- Intricate legal issues
Simpler cases can settle in a few weeks or months. The parties’ willingness to cooperate and work efficiently with the arbitrator significantly impacts how long the process lasts.
Arbitration timelines
On average, binding arbitration typically lasts between six months to a year. Some cases may resolve faster depending on the issues at hand. After the parties select an arbitrator, the process begins with a series of hearings where both sides present their evidence and arguments.
These hearings vary in length depending on the number of witnesses, the volume of evidence, and the need for expert testimony. The arbitrator usually reviews the information and issues a final decision within several weeks after the hearings conclude.
Moving forward
The arbitrator’s decision binds the parties, meaning they cannot appeal except in very limited circumstances. Once the arbitrator issues a decision, the process concludes, and both parties must follow the ruling.
The pace of arbitration
The length of binding arbitration varies, but it generally provides a faster and more efficient resolution compared to courtroom litigation. Those engaged in arbitration should remain patient while understanding that its streamlined nature can benefit all parties involved.
