Satori ADR offers arbitration services as well as combined mediation/arbitration services as described below. Fees and terms are generally in line with mediation fees, but can be negotiated on a case-by-case basis, depending upon the nature and complexity of the case.
Arbitration has long been used as an alternative to litigation in commercial and labor disputes. The job of the arbitrator is to hear and consider the facts and arguments presented by the parties, and to render a reasoned decision or solution which is binding upon the parties per their agreement.
Compared to litigation, arbitration is generally faster, cheaper, and offers finality. However, like a trial, arbitration is an adjudicative process in which the parties do not retain ultimate control over the outcome.
There are several types of arbitration which the parties can consider.
Full Arbitration - the parties present evidence and argument, and the arbitrator issues a reasoned, binding opinion on all issues presented.
Bracketed Arbitration - the arbitrator may only be asked to decide the issue of liability with pre-determined sums to be paid by the parties; or the parties may engage in "high-low" arbitration, in which the parties structure an agreement to "bracket" or limit the possible range of outcomes, either with or without the knowledge of the arbitrator as to the agreed sums.
Final Offer Arbitration - the parties separately submit their final offers to the arbitrator, who then chooses an appropriate settlement based upon the evidence and argument presented.
Private Judging - in jurisdictions which permit this process, the parties select a former judge to conduct a private trial, and the judgment may be appealed for errors of law, or as against the weight of the evidence.
Med-Arb - the parties agree to participate in a mediation, and further agree that if they are unable to reach a settlement, the process will shift to an arbitration. The process may either be "integrated," where the neutral facilitates negotiations and makes binding decisions on stalemated issues along the way; or it may be a separate process where the neutral does not switch to an arbitrator role until all efforts at mediation have been exhausted. The parties may also agree that the mediator shall not also serve as the arbitrator.