Arbitration is a form of dispute resolution used by many businesses today in lieu of the court system. Arbitration takes place when two parties agree to let a neutral third party arbitrate, or settle, their dispute. Both parties agree to abide by the arbitrator's decision.
It is important for both parties that a qualified Toronto legal reporter be engaged who will be able to quickly and accurately assemble an accurate transcript for counsel and the arbitrator's review. Transcriptions are the only form in which the arbitrator sees the examinations, so hiring the right court reporting firm can make a difference in the final outcome of the case.
Frequently, examinations are conducted prior to the hearing. In an examination, a witness or other interested party is questioned as to their knowledge of the case, with a court reporter taking down all testimony. This testimony may be used in the arbitration for cross-examination purposes or for further review by the arbitrator.
Further, court reporters are tasked with creating either verbatim transcripts or rough draft transcripts of the actual arbitration hearings. The transcripts of these hearings are a valuable tool that aid counsel and the arbitrator in sifting through the evidence and submissions given.
It is important that the court reporter be accurate and thorough, and it is equally important that the reporter is certified by a respected court reporting organization.