The United Arab Emirates (UAE) has evolved with time. Individuals do not want their cases to be prolonged in court. Therefore, the lawyers in Dubai have moved to another idea of resolving legal cases, that is cost-effective and less time-consuming. It is called arbitration, an alternate way to dispute resolution. Any kind of dispute, whether commercial or private can be resolved through arbitration. Top lawyers in Dubai, even the first priority to settle the legal disputes all over the UAE. These lawyers in Dubai are UAE National Advocates and are known for their brilliant performance.
What is Arbitration in the UAE?
Arbitration is settled out of court. This means that both parties can visit a law firm or get a legal expert who will resolve the matter without involving the judge. It is conducted in an informal setting, which is convenient for both parties. They communicate openly to discuss the issue and sign an agreement with mutual consent. Some law firms specialise in providing arbitration services only. You can learn more from these arbitration lawyers. You can also call them arbitration lawyers but major, they are called, arbitrators. Learn from our experts about the qualifications of arbitrators.
Is there Anything Like an Arbitration Agreement?
The arbitration agreement is a written agreement that can be attached to the main agreement or done separately; however, it should refer to the main agreement. The arbitrator is appointed by both parties mutually. Consequently, the arbitrator will listen to both sides and review the evidence to ensure a better arbitral award.
Pros of Arbitration in the UAE
There are many advantages to resolving your dispute through arbitration in the UAE. It is a good alternative to Dubai courts. Both parties can mutually agree on terms and conditions, rather they have to listen to the court’s order that cannot be changed.
The arbitrator allows both parties to discuss the matter and make a decision with mutual understanding. As a foreigner in the UAE, lawyers will suggest you for arbitration because courts speak in Arabic, which could be difficult for you to understand.
Arbitration allows parties to use other languages that both parties understand. Usually, the agreement is made in English in such scenarios. There are some challenges as well, please check with Dubai Advocate experts in this regard.
How is an Arbitration Agreement Valid in the UAE?
To ensure that your arbitration agreement is valid in the UAE, it has to be in written form, which means the document shall be presented physically as well as electronically (via e-mail). Secondly, not every dispute can be resolved through arbitration. Both parties should see their legal standing.
If they are individuals, they should be ready to work together. However, if the case has two companies, then the arbitration process cannot begin unless the legal representative has taken consent from the authorities in the company to start with the process.
The arbitration agreement should be clear in writing and definitions. It must have proof that both parties wanted to consider arbitration. The lawyers in the UAE e.g. Lawyers in Dubai as arbitration experts or arbitrators, suggest their clients go for arbitration as court processes are long.
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