Arbitration and mediation are two alternative methods of dispute resolution to which parties have recourse, so as to avoid a conventional court process, which is usually long and costly. Although arbitration and mediation share the aim of trying to solve a problem quickly and efficiently, they are often confused, when in fact they are regulated by different laws and regulations, and consist of radically different procedures.
The parties know their own interests and the limit of their claims better than anyone else, and so mediation can ensure that an understanding between them can be rendered possible. Therefore, it is the parties that put an end to the dispute by means on an agreement. This method is useful in disputes in which confidentiality or an urgent resolution are sought.
Winkels Abogados has a team of arbitrators with proven experience in our specific fields of expertise. We also work with professional mediators, who are experts in Law and who have the skills and specific training required. Therefore, in cases where mediation led by an experienced practitioner is more likely to render the best result for the dispute in question, we seek the best solution to our client’s problem always with their best interests in mind.