What is arbitration?
In arbitration, each party presents his or her case in front of a private judge, who makes a decision that is legally binding for both sides. Arbitration is typically scheduled in a lawyer’s office rather than in a courtroom, which is often more convenient and less stressful from a scheduling standpoint. The arbitrator will listen to the evidence, review the exhibits and then usually prepares a written decision, resolving the parties’ respective claims.