Arbitration promises one or more potential benefits over civil court litigation provided there is cooperation among the parties, their counsel and the arbitral tribunal.

Those “promises” or benefits are:

neutral forum;

neutral or customized procedural rules/process;

neutral decision-maker;

decision-maker learned in the subject matter;

faster decisions;



one-step resolution;

cost savings; and,

simpler enforcement.

Parties can agree to have their dispute settled according to their pre-existing arbitration agreement or can agree to submit to arbitration by way of a submission clause after their dispute arises. Either avenue brings the parties to arbitration.