ar*bi*tra*tion - The process by which the parties to a dispute submit their differences to the judgment of an impartial third part appointed by mutual consent.

ar*bi*tra*tor - A person having the ability or authority to settle the issues between two parties engaged in a dispute or controversy.

What is involved in a typical arbitration?

All disputes are submitted to an impartial arbitrator who conducts an informal trial and renders a binding decision based solely on the facts presented. These facts are discovered through documented evidence as well as examination of witnesses. Following this informal trail, the Arbitrator will submit a binding decision with ten (10) working days in the written from of an abbreviated opinion.