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Current Area of Law:
 ARBITRATION

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ARBITRATION

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Arbitration: A little about the area of law
 Related Areas of Law: Dispute Resolution - Avoiding Court - Arbitration - Mediation - ADR - Alternative Dispute Resolution

Arbitration describes a form of alternative dispute resolution, which is also referred to as "ADR". Arbitration occurs outside of the courts and in a less adversarial environment. In arbitration both parties generally sit together and talk out a mutually beneficial solution. The agreement made after this discussion may or may not be binding. Moreover, arbitration can be both voluntary and mandatory, depending on the nature of the situation.

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