Arbitration
-Representing parties at arbitration
- Acting as a Florida Supreme Court Qualified Arbitrator
Arbitration is a form of 'alternative dispute resolution' (known as "ADR") in which an arbitrator acts as a neutral 'decider' in a matter, similar to how a judge renders a ruling.
However, unlike with a judge, an arbitrator may be selected by the parties involved in the matter, and is paid by the parties.
The primary benefit of arbitration is speed, as cases which are referred to arbitration must be arbitrated in a comparatively short amount of time following referral.
Although arbitrators and mediators must both be neutral and impartial, arbitrators make a final decision, mediators do not.
As the Florida courts find themselves increasingly strained by heavy caseloads, arbitration has become of increasing value to parties that need a resolution of a problem more quickly.
There are two types of arbitration.
1. Binding Arbitration allows for a faster resolution because the recommendation of the Arbitrator (aka Trial Resolution Judge or private judge) is more likely to bind all parties.
2. Non-binding Arbitration is the most common and can be more lengthy because the parties have the right to seek a 'trial de novo' from the presiding Judge.
Arbitrators are paid by the parties and, by law, are limited in what they can charge, unless the parties to the arbitration agree. Mr. McCormick's rate may exceed this cap and therefore, all parties must agree to his fee prior to retention thereof.
As a Florida Supreme Court Qualified Arbitrator and a licensed Florida Attorney, Zach McCormick may be retained to act as an arbitrator throughout Florida for either electronic (via Zoom) or in-person proceedings (travel fees may apply for the latter).
He can also represent you at arbitration.
Related area of law: Mediation