When handling multiple cases and dispersed parties, managing your Arbitration team can become a challenge.
Many choose Arbitration over litigation with the goal of a speedy, less expensive, and private resolution of disputes. Arbitration is generally considered to move faster and less expensively, and is often viewed as a better option because it keeps sensitive information out of the public eye. Toward this end, the success of an Arbitration may depend on the speed, accuracy, and consistency of communications among and between these stakeholders, including your own legal team. Yet, communication can be challenging. The Arbitration may be small and local, or the parties, the Arbitration Panel, consultants and experts, and even your own team may be geographically dispersed. As in litigation, lawyers and parties to Arbitration tend to discuss, document, scrutinize, and edit (in many cases through several drafts) their strategic decisions, requests to the Panel, settlement proposals, and other issues. Yet the means of communication for many Arbitrations is email (even among your internal team), and related documents are managed as email attachments or on file shares, Document Management Systems, or other file-sharing solutions. Unfortunately, all of this is scattered and labor-intensive, using valuable time and resources and increasing the risk of mistakes and disclosure of sensitive information.
Arbicomm allows you to take control over what each user is doing and allocate folders to different persons or teams to work on. Granular access control also allows you to make sure that users only have access to what they need. The added benefit from a management perspective is that you can still get an overview of the entire matter in one place rather than having to follow up with each team separately. Arbicomm not only allows collaborators to work directly in the deal room but also provides checklists and progress reports providing a birds eye view of where things stand]