Description
Gain an understanding of the different dispute resolution processes and how to make them effective.
Arbitration has a long history in the United States and in International context for the resolution of commercial disputes. Arbitration has many proponents and many detractors. For the construction industry, arbitration has long been a favored means of disputes resolution. Many construction form agreements default to arbitration but the parties may have a limited understanding of the benefits and potential pitfalls of this method of dispute resolution. This presentation will address the fundamentals benefits and differences between arbitration and litigation. In addition, the seminar will provide a broad overview of the common pitfalls and risk of using arbitration to resolve your construction disputes. This seminar will should provide a solid foundation for you to understand what using an arbitration clause for your construction dispute really means in practice.
Date: 2024-02-22 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to describe the arbitration process.
* You will be able to discuss the benefits and limitation of using arbitration as an alternative dispute resolution procedure for your construction matters.
* You will be able to recognize common issues and limitation of arbitration for construction disputes.
* You will be able to assess major issues of arbitrating construction matters.