Washington Mandatory Arbitration Award is a court order issued by the Superior Court of Washington State requiring parties to either settle their dispute or submit to binding arbitration. This type of award is used to resolve disputes between two or more parties without the need for a trial or further litigation. It is a fast and efficient way to resolve disputes without having to endure the time and expense of a lengthy court process. There are two types of Washington Mandatory Arbitration Awards: binding and non-binding. In a binding award, the arbitrator’s decisions are enforceable and must be followed. Non-binding awards allow the parties to reach a resolution on their own, but the arbitrator’s opinion is given and taken into consideration.
Washington Mandatory Arbitration Award
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FAQ
(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.
(1) The superior court shall assess costs and reasonable attorneys' fees against a party who appeals the award and fails to improve his or her position on the trial de novo.
Cost of Arbitration in Washington State Those fees range from $200-$250, depending on the area.
Mandatory arbitration is available in most counties in Washington State for cases with a total value of less than $100,000.00 or when the plaintiff waives any claim above $100,000.00.
Arbitration is an alternative to traditional judicial proceedings. Like court, arbitration involves a neutral person deciding the outcome of a dispute. However, instead of a judge or court commissioner deciding the outcome, a private person does, called the arbitrator.
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.
