Arbitration

Evaluation

Both parties agree to have their dispute decided by an independent arbitrator. The process is carried out by the parties agreement- the hearing is set for a time and date that is mutually convenient for both parties and can be as formal and informal as the parties decide. "paper arbitration" is conducted where the parties submit their dispute in writing to the arbitrator who will then decide who to Grant the award to. The parties can also opt for a"hearing" where case documents are submitted followed by a short hearing where the parties meet the arbitrator wbefore the final award is made. The parties can choose who will be the arbitrator who may be a lawyer or an expert in a specific area of the dispute. The decision is made by the arbitrator and is final. The "award" can then be enforced by the courts