What is the role of arbitrators in disputes?

What is the role of arbitrators in disputes?

Arbitrators are neutral third parties who help resolve disputes outside of court by making binding decisions.

How do arbitrators differ from judges?

Unlike judges, arbitrators are chosen by the parties involved and have more flexibility in procedures.

What types of disputes can be arbitrated?

Arbitration can be used for various disputes, including commercial, labor, and consumer issues.

Is arbitration always binding?

Not always; it depends on the agreement between the parties. Some arbitrations can be non-binding.

What are the advantages of arbitration over litigation?

Arbitration is often faster, less formal, and can be more cost-effective than traditional court litigation.