The Washington Arbitration Award is an arbitration award, which is a legally binding resolution to a dispute between two parties. It is created by the Washington Arbitration and Mediation Service (WAS) and is used to help resolve disputes between parties in Washington state. It is designed to provide an alternative to expensive and lengthy court proceedings, allowing parties to resolve their dispute in a more efficient manner. There are two types of Washington Arbitration Award: binding and non-binding. Binding awards are legally enforceable, meaning that the parties must comply with the terms of the arbitration award. Non-binding awards are recommended resolutions that the parties can accept or reject. The Washington Arbitration Award is based on the principle of fairness and equity, and the arbitrator has the authority to make a decision based on the facts presented in the case. It is important to note that the arbitrator does not have the same authority as a court of law and cannot make a decision based on any laws or regulations. The arbitrator can only make a decision based on the evidence presented and the submissions of the parties.
Washington Arbitration Award
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The arbitrator's final decision on the case is called the ?award.? This is like a judge's or jury's decision in a court case. Once the arbitrator decides that all of the parties' evidence and arguments have been presented, the arbitrator will close the hearings. This means no more evidence or arguments will be allowed.
Cost of Arbitration in Washington State Those fees range from $200-$250, depending on the area.
(1) An agreement contained in a record to submit to arbitration any existing or subsequent controversy arising between the parties to the agreement is valid, enforceable, and irrevocable except upon a ground that exists at law or in equity for the revocation of contract.
There are also some disadvantages of arbitration to consider: No Appeals: The arbitration decision is final. There is no formal appeals process available. Even if one party feels that the outcome was unfair, unjust, or biased, they cannot appeal it.
Cases Subject to Civil Arbitration the relief requested is for money damages only; and. no claim exceeds the jurisdictional limit of $100,000, exclusive of attorney's fees, interest, or costs.
(1) An agreement contained in a record to submit to arbitration any existing or subsequent controversy arising between the parties to the agreement is valid, enforceable, and irrevocable except upon a ground that exists at law or in equity for the revocation of contract.
After a party to the arbitration proceeding receives notice of an award, the party may file a motion with the court for an order confirming the award, at which time the court shall issue such an order unless the award is modified or corrected under RCW 7.04A. 200 or 7.04A.
In Washington, an arbitrator must be a licensed attorney with at least 5 years of experience practicing law or another individual who has undergone special training (RCW 11.96A. 310). After the hearing the arbitrator provides a written decision or award within 14 days of the hearing. The award is filed with the court.