Overviews how arbitration is fair to individuals and businesses, is cost-effective and reduces the time needed to resolve disputes.
Details: Arbitration is an alternative to traditional court litigation. Arbitration is a streamlined private legal procedure used to resolve disputes between two or more parties. An arbitration proceeding is administered and managed by a knowledgeable, independent, and impartial third party. The parties to a dispute present their arguments and evidence to the arbitrator who decides the case and resolves the dispute.
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