This is a process much like trying the case to the court. In arbitration, both sides present evidence, testimony and arguments to support their case. Unlike a court trial, arbitration does not have a jury or a judge. Instead the case is tried before a neutral third party arbitrator who weighs the pros and cons and renders a decision. Arbitration can be both binding, meaning the arbitrator’s word is final, or non-binding meaning that either side may decide to not abide by the decision and to proceed to court. Advantages to arbitration are that it is offers a less expensive and faster means to litigate a case than the traditional court system.
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