Binding Arbitration

An ADR forum where parties agree, by contract to submit their dispute to a neutral, arbitrator or arbitrators, who will render a decision that the parties agree to be bound by. In general, the arbitrator is a neutral person chosen by the parties. The arbitrator reads the submission materials supplied by all parties, hears testimony, examines evidence and renders an award/decision on the case as to liability/damages or both.

Unless otherwise agreed, the decision is non appeal-able and legally binding.