Intellectual property disputes are some of the most complex legal disputes imaginable. Multiple forms of law may be involved as well as the potential to have a major impact on a business. Dispute arbitration in Chicago IL may be able to effectively resolve intellectual property issues. Some reasons to consider dispute arbitration in Chicago IL for the resolution of intellectual property conflicts include: Confidentiality Arbitration can be confidential in nature if the parties agree to this in the arbitration agreement. This aspect can be a cornerstone to an effective resolution of an intellectual property dispute. Court proceedings are often public... Read More
Category Archives: Arbitration
When To Use Arbitration in Chicago IL
Dispute arbitration in Chicago Illinois is a process that is similar to litigation but that comes with a few key advantages. There are two primary times when dispute arbitration in Chicago Illinois is used: when it is mandatory and when the parties agree to it. Dispute arbitration may be mandatory if the parties through a contract agreed to use this type of resolution if a conflict arose. This may be in relation to a corporate contract, an insurance contract or a contract for the purchase of goods. Even clicking on a button or purchasing a ticket may come with this... Read More
How Dispute Arbitration in Chicago IL Differs from Litigation
In some situations, parties who are involved in a legal dispute may decide to participate in dispute arbitration in Chicago IL rather than move forward with litigation. Dispute arbitration in Chicago IL differs from litigation in a number of key ways, including; Arbitration Agreement In litigation, the parties must comply with rules based on civil procedure and evidence. In arbitration, the basis of the conduct and procedures of the parties are based on the arbitration agreement that the parties sign. This agreement sets forth the particular issues that will be decided and whether traditional rules of evidence will apply. Fact... Read More
Benefits of Dispute Arbitration in Chicago IL
Dispute arbitration in Chicago Illinois may be initiated by one of the parties or may be required under a business contract. In either event, dispute arbitration in Chicago Illinois consists of having a person or panel decide a legal issue outside the typical courtroom setting. There are several reasons why many businesses prefer arbitration over litigation. Arbitration is a form of alternative dispute resolution that provides greater power to the parties than traditional litigation. The parties are able to select their arbitrator or panel of arbitrators, allowing them to choose an arbitrator who has subject matter expertise. This is often... Read More
Why You Should Consider Dispute Arbitration in Chicago IL
Dispute arbitration in Chicago Illinois is a non-adversarial, out-of-court procedure where disputing parties agree to allow a third-party arbitrator to make a decision on the disputed matter rather than a judge. Nowadays it is quite common for retailers, credit card companies, and a variety of other types of businesses to include mandatory arbitration clauses in their contracts. However, regardless of whether or not the arbitration process is mandated by contract, it just may be worth it for you to consider dispute arbitration in Chicago Illinois to resolve your legal claim. So why would anyone choose arbitration rather than head straight to... Read More