Injury Law Center Obtains $50K Award During Arbitration Hearing

The Injury Law Center is happy to report that we have obtained an award of $50,000 during an arbitration hearing. The award maxed out the underlying insurance policy.
Arbitration is a binding, informal “mini-trial” which is conducted
at one of the party’s law offices in front of a neutral party who
assigns responsibility and assesses damages. Attorney
Joe Russo, who handled the arbitration, remarked: “arbitration is often favorable
to a jury trial in that there is more predictability over the outcome
with a neutral fact finder who is well versed in civil litigation as opposed
to a collection of 12 jurors who have never sat on a jury before. Jurors
typically don’t know what to expect from a trial and find the task
of placing a value on damages to be a very foreign concept.”
There are two types of alternative dispute resolution (ADR) methods: mediation
and arbitration. In New Hampshire, the parties are required to enter into
mediation before a trial is commenced, but arbitration is voluntary. In
this case, the parties opted to arbitrate a couple of weeks before trial.