Differences Between Arbitration and Litigation
Litigation is a process that involves judge or jury to determine the case which you could not foresee the outcome. Different disputes are assigned to different type of courts based on jurisdiction. Meanwhile, Arbitration is a process which two parties in a dispute who both agrees to attempt to resolve their dispute through a third party. Speed of arbitration is quicker than litigation. Litigation could take months, even years to get the judgement. And the cost of litigation is relevantly higher than arbitration.
To learn more about whether you should do arbitration or litigation if you have dispute, you can contact us @ 718 337 8012 for a free phone consultation or schedule an appointment to meet with our attorney to provide you advice in your civil matter.
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