Indiana Arbitration and Mediation Attorneys
Lawyers for Arbitration and Mediation Matters in Indianapolis
Not every case is best suited to be resolved in the courtroom. For cases like this, there are alternative options to traditional business litigation. These are known collectively as alternative dispute resolution, and they include resolution methods such as mediation and arbitration. Other forms of alternative dispute resolution include collaborative law, negotiation, and conciliation.
At Due Doyle Fanning & Alderfer, LLP, we are prepared to take any case to court when necessary. However, we recognize that this is not necessary for every case, and when alternative dispute resolution is the most appropriate method for resolving a dispute, our attorneys work with our clients to ensure they understand and take full advantage of the process to receive a fair settlement.
Mediation
With mediation, both parties meet with a neutral third party, known as a mediator, to work through their dispute and reach a solution that meets both parties' needs. These meetings occur in private areas, such as the mediator's office, rather than in the courtroom.
The mediator guides the disputing parties through their issue by leading a dialogue and encouraging each to voice their thoughts about the dispute. This is so he or she can develop an understanding of the dispute and guide the parties toward a solution. Once the parties have reached a solution, they work with their attorneys to draft and sign a settlement.
Many parties who resolve disputes through mediation report higher levels of satisfaction with their settlements than those who resolve them through litigation. This is because mediation allows the parties involved with the dispute to have more control over their dispute's resolution.
Arbitration
With arbitration, the disputing parties have much less control over their dispute's resolution. Instead, it is left up to an arbitrator, which can be an individual or a panel who examines every portion of the dispute to develop a fair settlement for the parties. Each party submits its position on an issue, either in writing or through a hearing, to the arbitrator for review. Arbitration can be much faster and cheaper than litigation.
A settlement reached through arbitration can be binding or non-binding. When a settlement is binding, all terms contained within it are final. With a non-binding settlement, the arbitrator merely states the parties' rights and may determine liability for damages caused when applicable, but they will not finalize a settlement or issue an award.
Contact Our Indianapolis Alternative Dispute Resolution Lawyers
At Due Doyle Fanning & Alderfer, LLP, we can help you resolve your case through arbitration, mediation, or litigation. We can help you determine which of these resolution methods is the right method for your case. We represent both companies and individuals in various matters related to business practices, insurance coverage, and workers' compensation. Although we often make use of alternative dispute resolution to resolve our clients' cases, we are a litigation firm that will take cases all the way to trial when necessary. Do not wait to begin working on your case with us—contact our attorneys at 317-635-7700 today.
