Expert Determination

Expert Determination is a method used to resolve disputes in contracts where a neutral expert is appointed to evaluate the situation and provide a binding decision. Unlike traditional litigation, this process is usually quicker and more cost-effective. The expert, chosen for their specialized knowledge, reviews the relevant information and makes a ruling based on their expertise. This approach helps parties avoid lengthy courtroom battles, allowing them to rely on the expert’s experience and understanding of the subject matter to settle their disagreements fairly and efficiently.