Arbitration is the newcomer to solving financial disputes in family cases. You and your partner will appoint a suitably qualified arbitrator to determine any issues between you. The decision of the arbitrator will be binding.
The most suitable cases for arbitration will be those where a couple simply cannot overcome an impasse but are still anxious to avoid the Court. Arbitrators can act quickly and you can be in control of the timetable.
Arbitration is entirely confidential so may be helpful for couples with commercially sensitive assets or who attract media attention.
Court cases can be adjourned while an arbitration takes place.