Learn the basics about arbitration: what it is, when it arises, and how the process works. Why Trust Us? Fact-Checked.
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Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions.
Arbitration is handled outside of the traditional court system. In this alternative process, an arbiter is a qualified decision-maker – often a lawyer or a retired judge – who hears both sides...
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Arbitration occurs when parties seek to resolve a legal dispute outside of the court system. They use a neutral third party called an arbitrator. Arbitration is a form of alternative dispute resolution (ADR). An arbitrator is often a retired judge or attorney.
arbitration, nonjudicial legal technique for resolving disputes by referring them to a neutral party for a binding decision, or “award.” An arbitrator may consist of a single person or an arbitration board, usually of three members.
Arbitration refers to an alternative dispute resolution method where the parties in dispute agree to have their case heard by a qualified arbitrator out of court.
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Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.
Arbitration is a well-established and widely used means to end disputes. It is one of several kinds of Alternative Dispute Resolution, which provide parties to a controversy with a choice other than litigation.