Cost-effectiveness is another key benefit of our service. Litigation can be incredibly expensive, often requiring extensive legal representation, court fees, and other associated costs. Our arbitration service offers a more affordable alternative, with lower fees and fewer ancillary costs. Additionally, because the arbitration process is private, there is no need for extensive public court proceedings, further reducing the overall cost.
Privacy is a crucial benefit of our arbitration service. Unlike traditional court litigation, which is conducted in public and can attract media attention, arbitration proceedings are conducted in private, ensuring that sensitive information remains confidential.
Arbitration service offers finality, as there are very limited opportunities for appeals. The final arbitral award is binding on all parties, and the grounds for appealing an arbitral award are extremely limited. This ensures that once the arbitration process is concluded, the dispute is effectively resolved, providing closure to all parties involved.
Parties have the opportunity to appoint arbitrators holding the requisite expertise. Our panel of arbitrators is composed of seasoned professionals with extensive expertise in their fields. This ensures that the arbitrators have the requisite technical knowledge to understand and address the specific issues at hand.
While traditional court litigation in the UAE is conducted in Arabic, our arbitration proceedings can be conducted in English or any other language agreed to by the parties. This makes our service accessible to a broader range of clients, including international businesses and individuals.
Furthermore, the arbitration process permits oral evidence, whereas traditional courts generally permit only written submissions. This allows for a more comprehensive examination of the evidence and enables the arbitrator to make a more informed decision.