What Is Arbitration?
Arbitration is a method of resolving disputes between parties through an online platform, without the need for physical presence in a courtroom. It offers a convenient, efficient, and cost effective alternative to traditional litigation, particularly for parties located in different geographical areas.
The process typically begins when the disputing parties agree to submit their case to arbitration, either through a pre-existing arbitration agreement or by mutual consent after the dispute arises. Once agreed, the parties select an arbitrator or a panel of arbitrators who will hear the case and render a binding decision.
Arbitration proceedings are conducted remotely, primarily through electronic means such as video conferencing, email, and document sharing platforms. Each party presents their case, including evidence and arguments, to the arbitrator(s), who then fairly evaluate the merits of the dispute based on applicable law and any contractual agreements between the parties.
Arbitration is often favored for its flexibility, confidentiality, and faster resolution compared to traditional litigation. Additionally, parties have more control over the process and can choose arbitrators with expertise relevant to their dispute.
Arbitral Forum is a trusted company that specializes in providing online arbitration services. Renowned for our commitment to efficiency, fairness, and professionalism, we offer a streamlined arbitration process tailored to the needs of all parties involved and ensure impartiality and transparency throughout the arbitration process, fostering trust and confidence in the integrity of our services.
Arbitral Forum has earned a reputation as a reliable partner for resolving disputes effectively in today's digital age.