Arbitration is a dispute settlement that differs from the regular judicial process. It usually takes place in a conference room. In place of a judge, an unbiased third-party arbitrator is present. In arbitration, you don’t need a lawyer. But, since the arbitration process is combative in character and the conclusion is often definitive and affects your rights, especially when it comes to cases such as intellectual property rights, civil rights, and product liability, you need legal assistance in presenting your case.
Arbitration is often a more effective system than litigation since it is faster, less expensive, and avails more process and procedure flexibility. The arbitrator is frequently chosen by the parties, and they have authority over some components of the arbitration process. Judges generally lack experience in the precise subject matter of the dispute, whereas arbitrators do. They may also have more decision-making flexibility.
FedArb’s highly skilled and refutable lawyers apply their knowledge and experience to arrive at the best decision. FedArb’s professional management team brings 24/7 availability with decades of case management knowledge. Clients trust FedArb to manage arbitrations that would otherwise go unadministered to save time and money. Some of the specialized arbitration service areas that FedArb offers are:
> Cyber Security / Data Privacy
The New York Times reported in April 2020 that prominent teleconferencing provider Zoom participated in unexplained data mining during user conversations. According to the report, a person joined into a meeting, Zoom sent their information to a system that linked them to their LinkedIn profiles. The event occurred to Zoom clients using a subscription-based application called LinkedIn Sales Navigator to help them with their marketing initiatives.
Furthermore, even if someone registered into a Zoom meeting using an alias, the technology still linked that user to their LinkedIn page. As a result, despite their best attempts, the user’s actual identity is compromised. Zoom stated that the tool would be disabled and removed from the company’s products.
> Employment
The Fair Labor Standards Act (FLSA) establishes a minimum wage to help employees from businesses who pay an unreasonably low salary. The minimum wage in the United States is $7.25 per hour. For example, if you work as a student worker, your employer may not be required to pay you minimum wage under the FLSA. The federal government’s minimum salary is $10.35 per hour for contractors and subcontractors who supply services to the government. If you work for the federal government, you should be paid a baseline cash salary of at least $7.25 per hour.
> Consumer Rights / Product Liability
An example of a product liability case is when you acquire injuries after purchasing a defective product. Litigation has been filed over the lead in paint, asbestos in wiring, and DDT sprayed on crops, among other things that contribute to product liability and consumer rights violation cases. You may be able to claim damages if you have been sickened or otherwise wounded by harmful substances in a product.
> Intellectual Property
Copyright infringement lawsuits should be submitted to the court. To file a case against the company or individual infringing on your copyright, you must first register it with the US Copyright Office. You can urge the court to stop the accused from violating your copyright, as well as for monetary damages and possibly attorney’s costs, in the litigation. Even if the infringement of copyright did not cause you any financial injury, you are still able to collect a considerable sum of money (up to $150,000).
While FedArb’s rules are based on the quality standards of the top arbitration tribunals, it does have one distinctive stipulation. FedArb judges are legally bound to follow the litigants’ deadlines. The parties must contact FedArb, who will forward the information to the relevant parties. The parties can make their judgment without fear of the arbitrator retaliating if they refuse the arbitrator’s request to stretch a deadline.