Close Menu
West Palm Beach Business & Personal Injury Attorney
The Big Firm Alternative.℠ Turn to us for your legal needs. 561-855-7585
  • Facebook
  • Twitter
  • Linkedin
  • RSS
Home > Videos > Are mediation or arbitration legally binding?

Are mediation or arbitration legally binding?

Return to FAQ Videos

Transcript:

Usually in the state of Florida mediation occurs when a lawsuit has been filed. Mediation takes place a little bit down the road. If mediation is unsuccessful, a settlement agreement is not entered into and therefore it is not binding. However, if mediation is successful an agreement is entered into. Then that agreement becomes a contract and that contract is binding.

As to arbitration, arbitration is different. Arbitration and the binding nature of it depends upon the contract itself. If there is an arbitration clause in the contract itself then that arbitration clause should say whether or not arbitration is binding or non-binding.

Share This Page:
Facebook Twitter LinkedIn Google Plus
Segment Pixel