We aim to resolve our matters without Court intervention through alternative dispute resolution (ADR) methods such as mediation and arbitration. Doing so offers privacy, efficiency and more control over the proceedings by both parties. While Pollitt & Stith will involve the Court whenever necessary, and without hesitation, they pride themselves on reaching resolution in a majority of their cases through these alternative methods.
Arbitration
Arbitration is more formal than mediation and involves an arbitrator who has more authority in the situation. The arbitrator is similar to a judge (or panel of judges) in that they listen to both parties' arguments and evidence and then make binding decisions on the division of assets, custody, child support, alimony, etc.
Differences and Similarities between Arbitration and Mediation:
- An arbitrator issues binding decisions, whereas a mediator acts as a facilitator only
- An arbitrator’s decision has limited grounds for appeal
- Arbitrators and mediators should have family law expertise and knowledge in issues connected with high-net-worth cases in applicable divorces
- Arbitrators and mediators must act as neutral third parties
