Welcome to the Kazi Law Firm! We are a boutique law firm steeped in Texas tradition personifying the warmth and congeniality consistent with southern hospitality. We believe in preserving integrity and professionalism with true Texan charm, staying true to our roots, while providing essential, affordable legal services to all. Located just north of Dallas, Texas in the rapidly growing suburb of Frisco; the Kazi Law Firm concentrates on contracts drafting and review, immigration law, will & estates, real estate law, landlord, tenant, mediation, and general business law needs.
You may have come across an arbitration clause in a contract and were confused as to what exactly arbitration is. I’ve said this before and feel it warrants repeating once again – “you have a duty to read” and not understanding a term or clause in a contract is not a defense. If you do understand the terms of an agreement, it would be prudent not to sign the document until you are fully informed of the verbiage and conditions.
What is Arbitration?
According to the American Bar Association, “arbitration is s a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments. Arbitration is different from mediation because the neutral arbitrator has the authority to make a decision about the dispute.”
What are the Benefits of Arbitration?
It is often necessary to resolve business conflicts in a definitive and enforceable manner. Many people assume that litigation is the only option for resolving these disputes. However, arbitration offers parties another way to resolve disputes that is less expensive, quicker, and legally enforceable. Additionally, the parties to the dispute usually agree on the arbitrator, so the arbitrator will be someone that both sides have confidence will be impartial and fair.
Moreover, unlike a trial, arbitration is a private procedure that allows the parties an element of confidentiality with regards to both the dispute and the resolution. It’s important to keep in mind that if arbitration is binding, there are very limited opportunities for either side to appeal. Therefore, the arbitration process will be the end of the dispute. This usually gives finality to the arbitration award that is not often present with a trial decision.
Why Choose Arbitration?
- Less Formal Process: Parties to an arbitration benefit from less formal rules of procedure and evidence than do litigants. Each side will have the opportunity to tell its story without the limitations that strict rules of procedure and evidence can impose. The parties can decide to be represented by legal counsel or they can represent themselves.
- Less Expensive: The filing fees and attorneys fees associated with arbitration are often significantly lower than the fees associated with litigation.
- Less Time Consuming: Arbitrations often occur more quickly and allow the parties to proceed with a definitive resolution to their conflict.
Arbitration is a popular form of alternative dispute resolution (ADR) and is often used to resolve business or breach of contract disputes.
I built my law practice on the premise of being a life raft in a sea of sharks. I want to be an advocate for those that have been wronged and are too intimidated to seek help. My firm is here to explore your options, guide you through your legal journey, and give you that safe space to ask questions! There’s no such thing as a stupid question…Only the ones you don’t ask. So, my question to my clients is not “do you have any questions?” But rather “what questions do you have?”
As always, the Kazi Law Firm is standing by to help you in your time of need. Don’t hesitate to contact us today. We specialize in real estate law, landlord-tenant disputes, immigration, and wills & estate planning. Family is at the core of our practice. Just as we treat our family with respect and understanding, we treat yours. Come join the Kazi Law Firm family today!
Why swim alone in shark-infested waters when you don’t need to?
