Industry
An arbitrator, trained in the areas of arbitration and its relevant laws, is selected by the disputing parties for his/her knowledge and expertise relating to the subject of the dispute. The arbitrator reviews the evidence and arguments of each party in order to reach a decision that is binding on both parties. Either party may involve legal counsel, witnesses or other representation. An arbitration is confidential, cost effective and timely. Arbitration can be used to solve disputes involving contracts, agreements, partnerships, warranties etc