Avoid the cost of litigation by trusting the decision of an arbitrator.
When neither negotiation nor mediation work to find a solution, arbitration takes over. It's more cost effective and quicker than going to court to settle your divorce.
Arbitration is a method of conflict resolution that brings a third party to the divorce proceedings when parties cannot come to an agreement regarding their separation terms. This process is less formal, and usually cheaper than going to court. Ground rules can be agreed upon before arbitration, and parties can choose to either have a representative speak for them, or speak for themselves.
Arbitrators are typically chosen with the consent of both parties. If a couple cannot agree on an arbitrator they can employ an individual or organization to choose and arbitrator for them. In some cases, each party can choose an arbitrator, and then the two chosen arbitrators will pick a third arbitrator. These three arbitrators then work together as a panel of three.
The arbitrator, or arbitrators, hear evidence on any issues the couple would like to address, and then make a legally binding decision based on that evidence. They explain how they reached that decision, and may reward the cost of the arbitration to one party.