Barry R. Ostrager is a senior litigation Partner at Simpson Thacher Bartlett LLP and... more
Barry R. Ostrager is a senior litigation Partner at Simpson Thacher Bartlett LLP and from 1999 to 2011 was Head of the Litigation Department. He has tried dozens of cases and argued scores of appeals throughout the country and has been prominently involved in many high-profile securities, anti-trust, and commercial cases. He was lead trial counsel for Swiss Re in the highly publicized insuranc... view profile
When you want to settle a dispute without going to court, you may benefit from the services of an arbitration lawyer. In an arbitration setting, you and the other involved party select a neutral third person to serve as an arbitrator. Acting in the role of an informal judge, the arbitration lawyer listens to both sides of your dispute. Unlike a court proceeding, arbitration involves no formal procedural rules and gives you a chance to tell your story in your own words. After hearing the arguments, the arbitrator makes a final binding decision. The decision is legally enforceable if someone later tries to renege. The arbitration process is very similar to court litigation but is more casual, flexible, and private—and less expensive and time-consuming.