SL_Harris Bock Profile_0423final.qxp_Layout 1 4 / 28 / 23 2 : 55 PM Page 1 by Bill Donahue photo by Jeff Anderson Led by ADR pioneer Harris T . Bock , theSmall Business Arbitration Co . takes a “ hands - on small entity ” approach to helping small businesses A Better resolve their arbitration matters quickly , efficiently , and cost - effectively . Mousetrap N BUSINESS JUST AS IN LIFE , SOME DISPUTES bitrationproceedings conducted in a virtual and energy for all involved . ARE UNAVOIDABLE . As a business owner manner . The cost is clearly defined , too ; SBAhas assembled a team of seasoned Iconsiders initiating an arbitration , Philadel - unlike other providers , SBA charges a flat arbitrators , each selected based on their ex - phia - based arbitration guru Harris T . Bock , fee , which consists of a $ 1,000 filing fee , pertiseand experience with business disputes . Esq . , offers the following sage advice : Choose which also covers administration and case According to Mr . Bock , the majority of arbi - your forum wisely . management , and a $ 1,000 arbitration fee . tration panelists are retired judges . Its many benefits aside , arbitration is “ Oftentimescompanies get charged for Mr.Bock is considered a national leader imperfect . A complex structure of rules , ex - matters they don’t expect , ” Mr . Bock says . in alternate dispute resolution ( ADR ) for re - cessive administrative fees , and the slow “ An hourly fee promotes the opposite of ef - solving disputes outside of the courtroom . pace of case management by the large ficiency ; it takes the problem and only Despite having a lucrative law practice of providers of arbitration services can some - makes it worse . We want to give clients the his own , he chose decades ago to devote times diminish arbitration’s advantages . Mr . most benefit , so we make sure they know his career to ADR . He has arbitrated or me - Bock recently founded the Small Business upfront exactly what they will be spend - diated more than 5,000 cases since his Arbitration Co . ( SBA ) , with the goal of ing . ” founding of the Dispute Resolution Institute streamlining the process to resolve busi - Mr.Bock suggests SBA’s knowledgeable in 1994 . However , the pricing and model of ness - to - business disputes in an efficient , ex - and motivated case managers strive to ex - DRI did not fit the need addressed by SBA . peditious , and cost - effective manner superior pedite each step of the arbitration process . His vast experience has positioned him well to the services that are presently available . Whereas arbitration typically takes an average for his role as the Director of SBA . “ Many small - business owners have ar - of 120 days from start to finish , Mr . Bock “ Arbitration has always had admirable bitration clauses built into their contracts , says SBA projects a 60 - day window from goals , but it has been impeded by the system and they are in need of a provider to perform the initial arbitration request to the issuance that has been put in place around it , ” he those arbitration services , ” Mr . Bock says . of the award . says . Mr . Bock states that he is excited with “ The American Arbitration Association is SBA is also unique in terms of the tech - the formation of SBA because it has the one of the primary providers , but business nology it uses to facilitate communication ability to resolve matters in a more efficient , owners have options . Despite the fact that and provide a timely resolution . In this less costly , less cumbersome , and timelier ? one provider is named in the contract , a regard , SBA has incorporated one of the manner than is presently available . business owner can select a different forum , profound changes to American society provided there is no objection . SBA was brought about by the pandemic : the wide - SmallBusiness D created to arbitrate matters in less time and spreadadoption of virtual meeting technol - ArbitrationCo . with less cost . ” ogy . All cases will be heard on a strictly 2001 Market Street , Suite 3810 SBA begins the process by providing a virtual basis . This “ hassle - free ” technology Philadelphia , PA 19103 clear outline of the rules and procedures by enablesSBA to conduct all hearings remotely , ( 215 ) 656 - 4081 | SBA.network which both parties must abide , with all ar - which results in significant savings of time SUBURBANLIFEMAGAZINE.COM VOLUME 14 ISSUE 8 | 51