Common Contracts
1 similar null contracts
Model Early Neutral Evaluation AgreementDecember 18th, 2015
Early Neutral Evaluation differs from arbitration in that it is non binding and has greater informality. Unless the Parties agree that it should be, it is not subject to due process and can therefore be more flexible. In particular there is no need for a trial type hearing. Unless the Parties agree otherwise, the Evaluator may conduct investigations independently of the Parties, and make the Recommendation based on those investigations without reference to the Parties. Parties should obtain legal advice when embarking on an Early Neutral Evaluation, but do not strictly need to be legally represented during the procedure.
