Is Arbitration a Long Process? What Are the Factors that Impact the Time for Arbitration?
There are several advantages of arbitration over traditional litigation when dealing with matters of divorce. Length of time can certainly be considered one of the advantages of arbitration when working through your separation or divorce. The length of an arbitration varies depending on the availability of the parties, the arbitrator and any legal counsel involved, the number and complexity of the issues requiring resolution and the number of witnesses involved in the arbitration hearing.
Typically an arbitration lasts between one (1) and ten (10) days. An arbitration award (the binding decision rendered by the arbitrator) is rendered within one month of the conclusion of the arbitration hearing. This can be much quicker than a divorce or separation proceeding that entails litigation and the courts, which may be important to certain couples and families.