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Most of the time, but not always the case, arbitration is a lot less expensive than litigation. Arbitration is often resolved much more quickly than court proceedings, so attorney fees are reduced. Also, there are lower costs in preparing for the arbitration than there are in preparing for a jury trial.
Cost. Arbitration often is less costly than court litigation, primarily due to the compressed schedule for the completion of discovery and trial. In court litigation, significant expenses are devoted to pre-trial discovery processes, such as written interrogatories and depositions of witnesses.
Although arbitration is more formal and expensive than mediation, it is still less expensive and more expeditious than litigation.
There is established a mandatory domestic mediation program to help reduce the time and tensions associated with obtaining a divorce. If, after the filing of an answer to a complaint of divorce, there are any remaining contested issues, the parties shall participate in good faith in at least one session of mediation.
The maximum hourly fee charged by individual mediators and arbitrators is indicated in the Court Roster. Please note mediators charge various fees ranging from $30.00-300.00 per hour. Fees are usually based on experience and background.
The mediator will usually want to see each of you on your own before any joint mediation sessions can take place. If you don't respond or decline mediation without a good reason, you will usually have to explain why you declined mediation to the judge, if your case subsequently goes to court.
Divorce arbitrationArbitration is a process for solving the disputes that have arisen between 2 parties who are divorcing each other. This takes place when the divorcing parties want to solve the problem in a lesser period of time without approaching or taking help from the court.
The mediator works with the parties until the parties are able to come to a mutually agreeable solution or until it is clear no agreement can be reached. If an agreement is reached, the mediator will write up a non-binding memorandum of understanding which the parties use to draft a stipulation and order for the court.
On average, it will cost anywhere from $30 to $300 an hour to pay for a mediator. A typical mediation session lasts about three to four hours, and it should be noted that several sessions are usually required before a final divorce settlement is agreed upon.