As a legal method of alternative dispute resolution, arbitration can solve challenges like:
- A customer lawsuit against a business.
- Non-payment of customer invoices.
- Disputes from vendor and project contracts.
When compared to litigation, arbitration can save you significant time and money. A typical court case can stretch for 12-18 months, or longer, and cost upward of tens of thousands of dollars in attorney’s fees. Most BCA arbitration cases are settled within 30 days at a fraction of that cost.
Arbitration also protects your privacy. Court proceedings are public record, but disputes handled through our program remain confidential. This is especially valuable for small businesses that rely on trust and referrals.
Finally, arbitration can help preserve working relationships. By resolving issues privately and professionally with a neutral third party, you can also reduce the risk of public fallout and can often salvage ongoing partnerships.
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