I am still mid series with “War,” the new TV series about the everyday super rich getting divorced, but at the end of the last episode they were heading off to arbitrate. I imagine that more than a few people are wondering what this is. If that includes you, read on!
Most people are aware that you can go to court to sort out family disputes, but court can be expensive, time-consuming and stressful. That is where arbitration comes in.
What is family arbitration?
Family arbitration is a method of resolving disputes without going to court. Instead the people involved agree to have their dispute decided by an independent expert known as an arbitrator.
The arbitrator listens to both sides, who usually have legal representation, reviews the evidence, and then makes a binding decision known as an award.
