Don't Sue,
Arbitrate!
by Perry Safran, Esq. and Carolyn Annis
Construction projects begin with
contractual agreements and too often,
these days, end in courtroom
disputes. In the past ten to fifteen
years the number of such disputes
has multiplied many times over.
The arbitration system was
designed to handle this increased
load, and to more quickly mediate
construction disagreements. This
method of third-party intervention
offers several advantages. It can be
less formal, less expensive, and less
time-consuming than the court
system. For example, in some large
cities it can take seven to ten years
just to get into court. This extended
wait can cause you to lose at the
bank even if you win when you
finally get to the courtroom.
Arbitration, on