Arbitration in New Jersey; Should You Consider It?

Arbitration has been defined in New Jersey as the "voluntary reference of a dispute by the parties to ... an arbitrator or arbitrators chosen by the parties who ... agree the decision will be final and binding upon them.” Arbitration is an agreed upon substitution of the NJ court system with an alternative decision maker(s).

Arbitration and alternative dispute resolution ("ADR”) are today commonly used to resolve disputes. Litigation in the traditional courtroom setting can take many years to resolve and the costs of litigation are high. Parties to disputes want alternatives to the courts in NJ. That’s why an experienced NJ arbitration law attorney may make a lot of sense.