Traditional dispute resolution through litigation can have substantial limitations; the interests of the litigants may often be better served by trying to resolve their problems in places other than the courtroom. Sometimes the litigation process can wear out and wear down both the parties and their pocketbooks, making it a “lose-lose” situation. In many cases, alternative dispute resolution (ADR) is an effective alternative to litigation. It often can resolve claims at a fraction of the cost without the delays and unnecessary aggravations of civil litigation, and it can do so in a private, confidential setting.
Unlike litigation, ADR offers many different options that can be tailored to the specific needs of the disputing parties. One type of ADR is mediation, where the parties voluntarily agree to submit their dispute to a mutually acceptable neutral mediator. The mediator then engages in a nonbinding, consensual, and confidential process of facilitating communication, thereby enabling the parties to reach a settlement. Another type of ADR is arbitration, where the parties agree to have their disputes resolved by someone other than a judge.
Eckert Seamans’ attorneys have substantial experience in all areas of ADR. We often serve as neutrals who mediate and/or arbitrate disputes. Again and again, we have represented clients who by contract or by consent have agreed to an out-of-court process in an effort to resolve their disagreements.
Several of our attorneys have been appointed to the prestigious Panel of the American Arbitration Association and regularly mediate or arbitrate disputes involving non-clients. The courts routinely call on many of us to serve as mediators and arbitrators of disputes where a lawsuit has been filed.
Our attorneys also have substantial experience in representing clients in large and complex matters in all types of ADR settings. On the mediation side, we have represented clients in mediating disputes across the country involving nationally prominent mediators and successfully resolved difficult disputes involving numerous parties and tens of millions of dollars.
On the arbitration side, firm attorneys are routinely trying large and small cases before various arbitrators and arbitration panels, including numerous proceedings under the auspices of the American Arbitration Association, the New York Stock Exchange, the Philadelphia Stock Exchange and the National Association of Securities Dealers.