What is Arbitration?
Arbitration is a process in which the parties submit the issue(s) to a neutral third party who then makes a decision on each issue. Arbitration may be binding or non-binding, depending on the agreement of the parties. If the parties select non-binding arbitration, then the decision of the arbitrator is subject to review through appeal to the Superior Court. In an arbitration proceeding a party may appear with or without legal counsel. One of the purposes of arbitration is to obtain an expedited hearing and decision without all of the cost or time associated with going to court. The arbitration process also allows the parties to select a qualified arbitrator who can become familiar with the parties, rather than the random assignment of cases in Superior Court.