Hon. Lisa R. Curcio, (Ret.), senior mediator and arbitrator at ADR Systems, recently sat down with us to discuss the overarching benefits and choices in arbitration.
Whether by agreement of the parties or arising from contractual language, arbitration can be an efficient alternative to litigation.
“Parties in commercial settings might choose arbitration over litigation because they have the opportunity to work with someone who understands the issues better than a randomly assigned judge might,” Judge Curcio noted near the end of the video.
ADR Systems recently released Accelerated Commercial Arbitration Rules, which provide all of the benefits and choices of arbitration within a 60-day filing-to-award timeline.
Watch the video below to review the benefits and choices available in arbitration.
Judge Curcio’s most recent article, Overcoming the Fear of Arbitration, identifies common reservations that counsel have about arbitrating construction disputes and recommends actions they can take to mitigate those fears and manage their arbitration proceedings more effectively.
Judge Curcio brings an abundance of real-world experience – real estate, business and banking – to her mediation and arbitration practice. She spent 15 years as a Chancery Judge, presiding over mechanics liens, construction contracts and construction defect cases. Judge Curcio is regarded as an energetic and pragmatic neutral who helps parties construct suitable solutions to their disputes.