Asli Carome, founder of Carome Law, P.C., is dedicated to serving as a neutral arbitrator and mediator. She, therefore, does not represent parties as counsel in arbitrations or mediations. Ms.Carome has over 20 years experience in business and law and has been practicing as an arbitrator and mediator since 2009. Ms. Carome provides arbitration and mediation services specializing in intellectual property and commercial matters. She serves on the Intellectual Property Panel of the American Arbitration Association (AAA). Ms. Carome is located in Washington, D.C. and will travel within the United States to serve as an arbitrator or mediator in disputes.
Arbitration and Mediation
Arbitration and mediation are the two main types of alternative dispute resolution (ADR). However, they are quite different in methodology and result. In arbitration, a neutral third party (arbitrator) determines the issues and outcome of the case. Arbitration is initiated generally when the parties’ contract mandates arbitration in resolving disputes or alternatively the parties may voluntarily choose arbitration over litigation to benefit from the advantages of arbitration. The arbitrator’s decision is final and binding on the parties by law.
In mediation, a neutral mediator evaluates the issues with the parties and tries to facilitate a settlement agreement that is mutually acceptable. Unlike an arbitrator, a mediator does not render a decision the case. Should mediation not produce a settlement, parties can subsequently try their case in court.
Advantages of Arbitration and Mediation
There are many advantages of alternative dispute resolution, particularly arbitration and mediation, over litigation.
- Private Forum: Both arbitration and mediation allow parties to resolve their disputes in a confidential and private forum, which is not the case when litigating in the public forum of the courts.
- Ability to Choose Decision-maker: Litigation does not allow the parties to select the judge who will be presiding over their case. However, in arbitration, the parties have control over who will be deciding their case and can select an arbitrator with relevant subject matter expertise, preferred background and approach. Furthermore, the chosen arbitrator … Similarly, in mediation, the parties can jointly select a mediator to suit their particular needs.
- Cost Savings and Efficiency: Arbitration, mediation and other Alternative Dispute Resolution services generally yield significant time and cost savings to the parties, while also providing the opportunity for creative resolutions to the parties’ dispute. Arbitrators can intelligently streamline the pre-trial process and manage the hearing to produce fair yet efficient results.
If you are considering a better alternative to litigation, Carome Law, P.C. is committed to providing you with dedicated and diligent service to resolve your disputes in an efficient and cost-efficient manner. Please contact us or call us at (202) 550-6504.