HOW DOES IT WORK?
Arbitration is another form of dispute resolution. It is, in essence, a private judicial hearing. The parties however, generally, decide upon who they wish to ‘judge’ their dispute. That person is appointed as the arbitrator. Then, similar to ordinary court litigation, an adversarial approach is taken to the dispute resolution and the arbitrator ultimately ‘judges’ the dispute and gives an award. The parties to an arbitration want impartial decisions to be made and it is therefore important to choose a neutral and qualified arbitrator.