Arbitration Services
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Arbitration FAQ: Frequently Asked Questions
What is Arbitration?
Arbitration is a non-voluntary alternative dispute resolution process. Unlike mediation, a knowledgeable, independent, and impartial third party is empowered to make a decision. The arbitrator hears the disagreement between one or more parties and after considering all relevant information renders a final decision in favor of one of the parties. Arbitration decisions may be either binding or non-binding, depending on the terms of the arbitration agreement. Binding arbitration decisions may be confirmed by a court and carry the same significance as a court judgment.
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arbitration Questions at a glance
- What Is Arbitration?
- What Is Difference Between Mediation And Arbitration?
- Why Use Arbitration Over Legal Litigation?
- How Is Arbitration Different From A Court Trial?
- What Types Of Disputes Can Be Arbitrated?
- What Are The Benefits Of Arbitration?
- Do I Need A Lawyer In Arbitration?
- Who Pays The Arbitration Cost?
- What Is The Arbitration Process?
- Do I Give Up Legal Rights By Agreeing To Binding Arbitration?
- Who Serves As The Arbitrator?
- How Do I Start The Arbitration Process?
- How Do I Choose an Arbitrator?
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