Arbitration by the UAE Lawyers or Arbitrators

The legal framework of the United Arab Emirates (UAE) has stretched out with new techniques to manage disputes, whether they are related to family or business problems. Now, people want to avoid going to court for multiple hearings. They can resolve their issues within one meeting through alternate dispute resolution (ADR) techniques. These are known as negotiation, mediation, and arbitration. All three types of ADR are regulated under an informal setting where both parties have open communication and come to a mutual ground to resolve the issue.

However, arbitration has been a popular solution because it is economical and quick compared to litigation. Businesses in the UAE have already started adding arbitration clauses to pre-agreed commercial contracts. Basically, these are the arbitrates for all the types of dispute resolution including arbitration, mediation, dispute resolution etc. So, we will not call them just lawyers technically. Yes, the lawyers in Dubai are the dispute resolution experts too most of the times. But these experts can be just arbitrators too. Though they have the same college or university education, but arbitrators are for dispute resolution, and lawyers are for litigating. For example, lawyers in Dubai are also quite popular for giving the good advice to advise seekers.

The growing reliance on arbitration proceedings has been thought to be reliable enforcement in international jurisdictions, especially after the international treaty of the New York Convention was enforced in 1959. One hundred fifty countries supported the Convention. However, the UAE signed the treaty of the New York Convention under its Federal Laws of 2006.

How is the Arbitration Award Enforced in the UAE?

The Arbitration Law in the UAE was constituted in 2018. Under this law, international arbitration was also introduced, where the dispute is managed if the business is placed in two different states.

Reason for Arbitration Lawyers in the UAE

The significance of arbitration law in the UAE is that it enforces simple proceedings to resolve disputes quickly. The arbitral award can be enforced before you want to go to court of appeal by filing for endorsing the award. However, these laws are becoming stricter to ensure that the arbitration proceedings are conducted promptly and that arbitrators are unbiased when they decide for both parties. As per the new Arbitration law in the UAE for international trade practices, it is significant to see the advancement in proceedings by taking the opportunity to manage an arbitration-friendly jurisdiction.

Is Arbitration a Good Idea?

It has been noticed that people are more inclined towards arbitration in the UAE for family matters because they do not want their families to go to court, as it disrespects and dishonors the family’s name. Moreover, arbitration is an amicable solution where both parties can clearly discuss the matter without blaming each other. They can have several sessions and decide how to resolve the dispute to save their business or personal relationship.

Arbitration Vs. Litigation

Around the world, litigation is known to be a time-consuming legal activity. However, people have moved away from litigation in the UAE. On the contrary, arbitration is less time-consuming because both parties want to settle the issue. Their lawyers would delay the proceedings for nothing. Each party gets a chance to talk, and then a mutual understanding is developed to resolve the issue. Recently, the UAE has witnessed efficiency in case resolution through arbitration, encouraging people to opt for mediation or arbitration rather than going to court.

When Should I Go for Arbitration?

The moment you think that a dispute will arise in your case, you must proceed to arbitration rather than choosing court proceedings. Settlements out of court can be helpful as they do not put anyone’s reputation at stake. Companies should collaborate to resolve disputes on time rather than wasting time with court procedures that delay their business decisions. Arbitration is also successful when you have international ties in the business. You can legally make amicable agreements with best international business practices and save your time and money from making court proceedings.

You should better search for a good professional law firm. For example, to find out law firms in Dubai, you can consider the Dubai Law Firms as your priority. But they must be one of those who have the expertise, knowledge, license to operate, experience, and exposure to deal with dispute resolution, along with license.