The med/arb process can give parties the benefits of mediation with a process that will produce a binding decision if the parties cannot agree.
The mediator first tries to help the parties find a solution that works for both of them. If there is no agreement, the mediator becomes an arbitrator and makes a binding decision.
The arbitration in a Med/Arb is often less expensive and faster than a regular arbitration, because the arbitrator is already familiar with the case, having acted as mediator.
If you are interested in a med/arb, please contact us.
