Family Law Arbitration
There are many similarities between a family law arbitration and a family law mediation:
- Family law arbitration is a voluntary process. Both parties must agree to participate and neither party can force the other to engage in family law arbitration.
- Family law arbitration can be commenced at any time (prior to the commencement of a Court Application and during the court process).
- Family law arbitration can often resolve a matter faster than the court process. However, as with mediation, there are the additional costs of hiring an arbitrator which must be taken into account. The costs will vary depending on the arbitrator chosen.
The individual conducting a family law arbitration will likely be either a senior family law lawyer or a retired Judge. A family law arbitration can occur following a family law mediation or without a mediation having taken place at all.
One of the benefits of arbitration is that the parties can select a specific arbitrator based on his or her background and expertise.
Provided that specific criteria are met, a family law arbitration can be binding and can be enforced by the courts. One such requirement is that both parties have independent legal advice.
Our Toronto divorce law firm is committed to the highest standard of service. Call Krol & Krol at 905.707.3370 to pursue Family Law Arbitration in your case.