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Arbitrators' fees shall be paid by the disputing parties with maximum rates set by the Board in order to keep arbitration services economically feasible and available for the parties and particularly for smaller employers and union groups. Each arbitrator shall abide by the New Jersey Arbitration Law (C.

Here is a summary of the process: The parties file a written consent form that submits the case to binding arbitration. The parties must also submit a consent order of dismissal with prejudice. ... The case is then presented to a panel of two arbitrators whom the parties have selected.

Arbitration is a process in which a dispute is submitted to experienced and knowledgeable neutral attorneys or retired Superior Court Judges who hear arguments, review evidence and render a non-binding decision. It is less formal, less complex and often can be concluded more quickly than court proceedings.

The fee arbitration process helps litigants and attorneys resolve disputes over legal fees without going to court. This binding arbitration program is conducted by impartial fee arbitration committees composed of volunteer attorneys. The process is fair, inexpensive, and generally quicker than litigation.

The parties and arbitrators meet in person to conduct the hearing in which the parties present arguments and evidence in support of their respective cases. After the conclusion of the hearing, the arbitrators deliberate the facts of the case and render a written decision called an award.

Under New Jersey Court Rule A, parties in certain civil cases are required to take part in mandatory, non-binding arbitration. Mandatory non-binding arbitration in New Jersey can lead to early resolution of cases, saving all parties' attorneys' fees and other costs.