Decatur personal injury attorneys can explain the pros and cons of going to arbitration in a motor vehicle accident case.
Pros
One distinct advantage of arbitration in this setting is that it is usually faster than pursuing litigation. It may also be less expensive and easier.
Cons
There may be a maximum amount of damages that you can receive by using arbitration. Additionally, all parties must agree to arbitration and its binding characteristic. You also lose the right to a trial by jury by arbitrating, leaving it up to the arbitrator to decide your case.
For more information on this topic, contact Decatur personal injury attorneys from McCarthy Rowden & Baker.