Arbitration

About Arbitration

Arbitration is a legal process in which a neutral third person, called an arbitrator, hears the parties’ case in an informal setting and renders a final and legally binding decision similar to a court judgment. 

Parties involved in arbitration are effectively opting out of the court system and submitting their case for private resolution by a neutral, third party arbitrator.

Why

Choose

Arbitration?

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  • The focus is on the parties and their dispute

  • The arbitrator is the ultimate decision maker and manager of the process

  • Arbitration decisions are final and binding, unless the parties opt for a non-binding decision

  • A non-binding decision can assist parties as they consider settlement options

  • Arbitration can save time and money that would be spent going to court

  • Arbitration is generally less formal than a court trial

  • Arbitration is private and confidential (with some limited exceptions)

  • Parties negotiate and control the selection of the arbitrator, the ground rules, and the timing for the process