Washington Certificate of Settlement Without Dismissal Arbitration (COS WD) is a process of resolving disputes between parties without going to court. This type of dispute resolution allows parties to enter into a binding, out-of-court agreement that is enforceable in a Washington court. COS WD is an alternative to arbitration, where both parties agree on a solution without the need for a third-party arbitrator. There are two types of Washington Certificate of Settlement Without Dismissal Arbitration: mediated and non-mediated. Mediated COS WD is a process in which both parties are represented by their own attorneys, and a mediator helps facilitate the negotiation and settlement process. Non-mediated COS WD is a process in which both parties are represented by their own attorneys, and the attorneys work together to reach a mutually agreeable resolution. COS WD is an efficient and cost-effective way to resolve disputes and can be helpful in avoiding lengthy and costly litigation. This process is also confidential, so parties can avoid the public nature of litigation.
Washington Certificate of Settlement Without Dismissal Arbitration
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