What is arbitration?

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Arbitration is a forum where each party and their attorneys present their positions before a neutral third party who decides the issues and issues a specific award. If the parties agree in advance, the award is binding and is enforceable in the same manner as any contractual obligation. If the parties do not stipulate that the award is binding, the award is not binding, and a request for trial may be made. For more information, read Alternatives to Court.

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