Examining the Latest Legal Developments and their Impact

Legal Arrangement

legal arrangements

What is Arbitration?

Arbitration is a way to solve a dispute legally. An independent third party will determine the resolution to the dispute in a private setting. An arbitration hearing can use either a tribunal or an individual arbitrator. A tribunal is typically made up of several arbitrators. It is customary in most settings to have an odd number of tribunal members in order to avoid a tie. The parties who are involved in the dispute will hand their power to decide the dispute over to the arbitrator. Arbitration is just as binding and final as litigation and it is a valid alternative to going to court. It has been given the nickname the “business man’s method of resolving disputes.” However, the procedure is governed by both state and federal laws. Many states contain the provisions for Arbitration in their civil practice rules. This helps to provide a guideline for the procedures of Arbitration as well as how the arbitrator’s decision is to be handled. There are several states that have adopted the Uniform Arbitration Act while some states have laid out some very specific guidelines which govern arbitration.

couple in handcuffs

How to Choose a Family Law Attorney

Choosing a family law attorney can be a difficult task that we all must face at one time or another. However, it is important to remember that a family law attorney does much more than help with divorce proceedings. They may assist setting up a trust fund, a living will or help get any number of legal documents in order. NJ family law attorneys help protect both families and assets. Even though selecting one seems like an arduous task, there are some areas to think about which can help individuals select the right one for their particular set of circumstances. Hiring a family law attorney does not have to be so difficult if you consider the following topics. Choosing the best attorney can help reduce the hassles that many times accompany legal cases.

Retirement Planning and Divorce

Going through divorce means big changes for both parties. Daily life changes drastically, new lifestyles must be built, and assets must be divided. It takes a lot of planning and careful consideration in order to protect yourself and your fair share of your assets in divorce. There are many tricky things to divide up from homes and vehicles to bank accounts and retirement plans. Tricky or not, retirement plans are often one of the largest assets that couples have to divide in divorce and are therefore extremely important. In order to make sure that you are getting your fair share you’ll need to have a deep understanding of what you are legally entitled to as well as probably hire a qualified attorney to help you sort the matter out.