What is Arbitration?
Arbitration offers a fair, efficient, and cost-effective way to resolve disputes outside of court while ensuring a structured decision-making process. Arbitration is a form of alternative dispute resolution (ADR) in which a neutral third party (the arbitrator) hears arguments and evidence from disputing parties and makes a binding decision to resolve the conflict. It is a private, structured, and legally recognized process that serves as an alternative to litigation.
Key Aspects & Benefits of Arbitration
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Neutrality: A trained, impartial arbitrator is selected to hear both sides and render a decision.
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Legally Binding: Binding arbitration results in a final, enforceable decision.
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Confidentiality: Unlike public court cases, arbitration is confidential, protecting sensitive information.
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Evidence & Testimony Based: Both parties present evidence and arguments before a decision is made.
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Cost-effective: The process reduces legal fees and court-related expenses.
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​Faster Solution: Avoids long legal battles and court delays.