What is arbitration?

What is arbitration?

Arbitration is a method of resolving disputes outside of court, where an impartial third party makes a decision.

How does arbitration differ from mediation?

In arbitration, the arbitrator makes a binding decision, while in mediation, the mediator helps parties reach a mutual agreement.

What are the advantages of choosing arbitration?

Some advantages include faster resolution, confidentiality, and the ability to choose an expert arbitrator.

Is arbitration always binding?

Not always. Some arbitration agreements allow for non-binding arbitration, where the decision is advisory.

How do I initiate an arbitration process?

To initiate arbitration, you typically need to file a request with the chosen arbitration institution and pay any required fees.