Arbitration has long been established as an alternative to court in commercial disputes. It enables the parties to have a proper hearing in front of a trained Arbitrator leading to a final and binding decision. It has many advantages such as speed and fixing of its own timetabling. However, surely it is only suitable for commercial disputes? Well that is certainly not the case.
Arbitrators can be trained to act in a similar manner as final hearing judges in family matters. This can include children matters or financial matters. It is a form of dispute resolution but it is more than applicable for family matters. Arbitrators in family disputes will have specialist training and qualifications to conduct either children or financial matters. They can resolve family matters with a final award without the need to commence lengthy court litigation.
Arbitration is traditionally associated with commercial disputes but that should no longer be correct. You can undertake Arbitration for family disputes without compromising on the quality of the award and even managing the matter at your own convenience, rather than the courts imposed timetable. It is a growth area for resolving family issues and is certainly not just for commercial disputes.
If you have a family issue and wish to discuss this matter and/or arbitration then please contact our specialist Family team here.