Law Digest: Shun Litigation, Embrace Arbitration.

in OCD4 years ago

...“ Nobody returns from court to be friends”.

If you’re the feeble minded person, who can’t withstand the rigorous, painstaking process of court proceedings.

Perhaps, you’re sacred of defeat. Since nobody can predict the outcome of a case (not even the counsel handling the matter) in court.

📌Go with ARBITRATION- settling out of court.

Advantages of Arbitration

  1. Speedy dispensation of justice.
  2. Reduction in cost- Money.
  3. Both disputants (Party X & Party Y) will have a WIN-WIN at the end of the settlement. Promoting amity between them. That is the essence of Arbitration.
  4. It preserves the confidentiality between the parties.
  5. Speedy resolution of disputes.
  6. Parties are at liberty to decide who presided over the matter.
  7. To decongest the court room from overpopulation of law suits.

7BEEF18C-AF63-4015-BC8D-E3362A506FCD.png

P.S: Parties to an agreement must concede to an arbitration clause before exercising such process.

Do you now see why you need a lawyer? Speak to one today!