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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.

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.

The parties each pay their own costs to conduct their case. Parties will likely not encounter all of the above costs on every case, and the amount of these costs, and which party must pay them, is different depending on the case and the rules that apply.

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.

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.

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.