Brief is revolutionizing financial disputes.
Arbitration is a well-established method for resolving disputes outside of court, but in recent years, online arbitration has emerged as a more efficient, cost-effective, and convenient alternative.
Brief is a platform leading the way in financial disputes and debt recovery and offers numerous advantages over traditional arbitration methods.
Brief also offers an arbitration program for companies such as those moving goods over state lines which are obliged by law to be enrolled in one.
What does Brief do?
Brief has played a crucial role in facilitating debt recovery for many businesses throughout the United States that would have otherwise been deemed too costly to pursue through traditional legal avenues such as litigation or arbitration.
This innovative solution has earned the accolades of many stakeholders, including e-commerce platforms, factors, banks, MCAs, and other lending entities.
Brief’s services extend beyond debt recovery and into other areas of monetary dispute resolution, including quiet title claims, warranty disputes, and other declaratory relief actions.
Through our stringent screening process, we have assembled a network of Ejudges spanning the entire country, each equipped with a unique combination of subject matter expertise and jurisdiction-specific knowledge to handle every case that comes their way effectively.
Brief’s six-step process is revolutionizing financial disputes, making online arbitration as efficient as possible. From start to finish, everything takes place online, allowing for quicker resolution of disputes and enabling businesses and individuals to recover owed debt in a more timely manner. Here’s how the process works:
- File a Claim
The first step is to file a claim on the Brief platform. It is quick, easy and efficient, and the claim will be assigned to an Ejudge expert in the relevant area of law.
- Preparation
The next step is for both parties to prepare their arguments and any relevant evidence. Again, this is done online, saving time and reducing the need for physical meetings.
- Submission
Once both parties have prepared their arguments and evidence, they submit them to the Ejudge.
- Review
The Ejudge reviews the submitted materials and decides based on the evidence and arguments presented.
- Award
The Ejudge issues an award, which is binding and enforceable.
- Payment
The final step is for the losing party to pay the winning party the amount owed according to the award.
The advantages of Brief over traditional arbitration
Brief is a document-centric asynchronous platform that allows disputes to be settled swiftly and cost-effectively.
Brief’s secure online platform offers significant advantages over face-to-face arbitration.
Speedier Dispute Resolution
One of the most notable advantages of Brief is its speed of dispute resolution. Since the entire process takes place online, there is no need for physical court appearances, leading to a faster resolution of disputes. This allows businesses to recover owed debts in a more timely manner.
Brief typically resolvesmatters in 45 days or less, compared to months or years with traditional arbitration or the civil courts, revolutionizing financial disputes.
Cost-Effective Solution
Traditional arbitration can be costly, with expenses reaching tens of thousands of dollars. On the other hand, Brief charges a flat fee, making it a cost-effective solution for businesses and individuals.
The flat fee provides parties with clarity on the recovery cost, enabling them to make informed decisions.
Convenient for All Parties
Brief operates entirely online, allowing all parties involved in the dispute to participate from the comfort of their own homes or offices. This eliminates travel and makes the process convenient for everyone involved.
Improved Accessibility
One of the most significant benefits of online arbitration is improved accessibility. This is particularly relevant for individuals and businesses that may not have access to traditional arbitration.
For example, individuals who live in remote areas may find it challenging to attend in-person arbitration proceedings. However, with online arbitration, they can participate from the comfort of their own homes.
This is a massive advantage for those who would otherwise struggle to attend traditional arbitration proceedings.
Expertise at Your Fingertips
Brief has a network of Ejudges who are experts in different areas of law and have jurisdiction in different states. This ensures that each case is matched with an Ejudge with the expertise and experience to handle it effectively.
Confidentiality:
Another key benefit of online arbitration is confidentiality. Since everything is conducted online, parties can resolve their disputes without revealing sensitive information in open court. This provides a high degree of privacy and confidentiality that is not available in traditional arbitration proceedings. This is particularly important for individuals and businesses concerned about exposing sensitive information during the dispute resolution process.
The opportunity to settle
Brief encourages collaboration from both parties to settle a claim. Brief gives the option to the defendant to make an offer to settle, and the applicant can make a counteroffer.
Binding Award
The award issued by the Ejudge in a Brief arbitration is binding and can be enforced in a court of law if necessary. This gives businesses and individuals peace of mind knowing that the award is enforceable and they have the means to recover their debts.
Environmental Sustainability:
Online arbitration also offers an environmentally friendly solution to resolving disputes. Online arbitration reduces the carbon footprint associated with traditional arbitration processes by eliminating the need for physical court appearances. This is an important consideration for individuals and businesses committed to reducing their environmental impact.
Your business can benefit from Brief’s online arbitration program
You can shield your business from threats by signing up for our ODR Program. You can also recover debt without going to court. Brief is revolutionizing financial disputes.
Brief has helped businesses across the United States recover debts that were not worth the cost of traditional litigation or arbitration if not for online dispute resolution.
Satisfied participants include electronic commerce sites, factors, banks, MCA, and other lenders.
Brief also handles quiet title, warranty claims, declaratory relief actions, and other types of monetary disputes.
Our screened network of Ejudges spreads across all 50 states and each case is matched to jurisdiction and subject matter expertise of the Ejudge.
You can request a demo from our homepage or call one of our arbitration consultants today on tel: +12134443794 . Alternatively, drop us an email at [email protected] to book an obligation-free consultation.
Brief is a market-leading online arbitration platform in the United States. Our 100 percent online alternative dispute resolution platform helps businesses protect their contracts and agreements through online arbitration. Follow us on LinkedIn or Facebook for updates and news about online arbitration and more.
*Brief cannot and will not give legal advice on any matters, financial or not.
