Arbitration

Arbitration is the process that allows both sides of a dispute to agree to allow a third party, the Arbitrator, to make the legally binding and enforceable final decision. In some cases, arbitration may be made by a panel rather than an individual. The arbitrator can be a lawyer or expert within the relevant field of the dispute. Arbitration takes place in private between the dispute parties and their representatives.

Arbitration is often used for more complex disputes when it is not possible for an adjudicator to make an interim and binding decision within the required 28 day timeframe.

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