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Final and Binding Arbitration: A Quicker, Cost Effective Alternative to a Lawsuit

Originally published: February 2013

Move your receivable disputes out of the courtroom and into the conference room – and you could drastically cut your international litigation budget! Opting to go with Final and Binding Arbitration not only reduces expenses – it can speed up your recoveries as well.

What is Final and Binding Arbitration?

Final and Binding Arbitration is a form of Alternative Dispute Resolution (ADR). It should not be confused with court-mandated arbitration, which is non-binding. If used intelligently, it is one of the most powerful tools at your disposal in international collection cases.