General » 10 advantages

1. By opting for arbitration parties have access to quick jurisdiction and they free themselves of the public Court known for their formalism. Arbitration takes, even in complex matters, in general maximum 6 months.
2. The immediate consequence of quick justice is the reduction of disputes. Since quick jurisdiction doesn't permit any delaying strategy and blackmail of a long suit. For the same reasons conciliation is facilitated.
3. Quick procedures are not only a gain of time and money it obliges succumbing party to support all expenses.
4. Arbitration offers the possibility to choose experts immediately as arbitrator. It reduces expenses and permits to designate more available specialists than experts of public Courts.
5. Arbitration is not submitted to the heavy formalism of some national jurisdictions. Parties can themselves to fix rules. Procedure can be even multilingual or in a language used by parties independent of the place of arbitration. It makes parties save a lot of expenses and time of translations. The parties have free choice of language and country.
6. Parties are not obliged to have a lawyer. Arbitrators don't use hermetic jargon. Procedures are simple and vocabulary is accessible.
7. Committees of arbitration don't depend on one State, nor of professional association or consumers. This guaranteed strict confidentiality, neutrality and independence.
8. Arbitration is discreet. There is no public audience.
9. As soon as a clause of arbitration is mentioned in documents that bind the parties, the judge is incompetent on demand of one party. Contrary to conciliation or mediation, arbitration can be pursued even though a part doesn't want to participate more in proceedings. Arbitration is perfectly opposable to parties and if necessary an award by default will be pronounced.
10. Quick procedure on the bottom doesn't exclude that a party goes to local Court for temporary or conservatory measures in waiting the decision of the arbitral Court.