In arbitration, disagreeing parties agree to be bound by the decision of a third party, while mediation refers to a process where a third party attempts to achieve a settlement between the two sides.
The firm regularly represents claimants and respondents in all manner of arbitration proceedings. Because tailored agreements best serve our clients’ objectives—and their expectation that ADR be efficient and cost-effective—ADR leaves matters such as the scope of issues to be resolved, remedies, timing, choice of law and appeals to the discretion of the parties and counsel.
Our attorneys are familiar with AAA, FINRA, ICC, NAHL and private tribunal arbitrations and are frequently appointed as mediations and arbitrators by the judiciary and in private mediation and arbitration.
Cole Schotz co-founder David L. Cole was a noted labor arbitrator and mediator who served as President of the National Academy of Arbitrators, Trustee of both the American Arbitration Association and the Carnegie Endowment for the International Peace and Director of the Federal Mediation and Conciliation Service. We are proud to carry on his tradition of excellence in this area.