Arbitration is a voluntary alternative to court proceedings. An arbitrator will make a decision on your dispute instead of a judge. This decision is binding and can be enforced in court.
Arbitration can be used for the following:
- Financial and property disputes arising from family relationships
- Child arrangements
There are some limitations to arbitration and you can find more information on whether arbitration is suitable for you here.
The benefits of arbitration are:
- Choice of arbitrator – The parties choose the arbitrator together.
- Speed – The parties agree the timetable and date of the arbitration. This can be significantly quicker than going through the court process.
- Potential cost saving – The parties pay the arbitrator’s fee, cost of the venue and legal representation (if required) which can be less than the cost of representation in standard court proceedings.
- Flexibility – The parties agree the scope of the arbitration.