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Our ADR services
ADR vs. Traditional Litigation
For many years, litigation was thought of as the primary method of dispute resolution in business disputes, matrimonial actions and tort claims. Recently however, the cost of litigation has skyrocketed and the time that the lengthy course cases take through the judicial system has increased. Blended with the uncertainty of a jury trial and possible lengthy appeals process results in more and more litigants seeing alternative ways to resolve their disputes. Claims Resolutions Services offers methods of Alternative Dispute Resolution ("ADR”) which are far less costly and time consuming than traditional litigation. Non-Binding Mediation presents opposing parties with the opportunity to resolve their dispute with the assistance and guidance of a Neutral third party on whom the parties agree. In addition ADR offers other options such Binding Arbitration which is far less costly and time consuming than a jury trial and offers less stringent rules of evidence and, unlike a jury trial, confidentiality, finality and Neutral selection. Popular High/Low Arbitrations also offer some certainty of recovery for the Plaintiff while capping potential damages for Defendants and insurance carriers.
Covid-19 Notice: Online ADR Services Available
ADR provides many advantages over litigation, but online arbitrations and mediations have additional benefits allowing parties to further reduce costs and increase efficiency while staying safe during the Covid-19 pandemic.
We are currently operating on three secure video platforms:
- Zoom for Business
- Skype for Business
- Cisco WebEx
Contact CRS to learn how online ADR can help you resolve your claims faster and more safely.
Mediation vs. Arbitration
Mediation
Arbitration
Arbitration
Mediation is a form of alternative dispute resolution (ADR) that if often implemented when resolution of a dispute is desired by all parties but they require a “neutral third party” or mediator to assist in facilitating a resolution. It is of great importance that the mediator have a certain level of experience and expertise in the subject matter in dispute as well as being a seasoned negotiator and diplomat. Unlike binding arbitration, where decisions and rulings are made by an arbitrator resulting in a “winner” and a “loser”, a mediator attempts to facilitate a negotiated settlement by remaining neutral throughout the process and by reaching a resolution amicable to all parties while also avoiding the time and expense of costly litigation. Mediation is sometimes favored because the parties retain control of the ultimate resolution of the matter. It is therefore imperative to choose the right mediator for your case. If you are considering mediation, contact us.
Arbitration
Arbitration
Arbitration
Arbitration, another form of ADR, is similar to going to court, but is usually faster, cheaper and less complex than traditional litigation. It is a formal alternative to litigation in which two or more parties agree to present their arguments to an independent arbitrator rather than to a jury and the decision of the arbitrator, called an award, is final and binding. The arbitrator, who is typically a retired judge or seasoned trial attorney and who is an expert in the subject matter in dispute, will listen to the arguments set forth by the parties, study the testimonial and/or documentary evidence, and then render a decision. Very often the decision will be governed by certain pre-determined parameters which are agreed to in advance by the parties but are not disclosed to the arbitrator. Arbitration offers finality of the dispute as well as confidentiality if the parties desire, an option not available when a matter is litigated in the courts. If you are considering Arbitration, contact us.
Settlement Days
Insurance Carriers looking to move risk in volume should take advantage of our settlement day programs and flat rate billing. Contact us today to find out more!