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Commonly Asked Questions about Mediation and Arbitration Forms

The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. Choice of Rules. The Number of Arbitrators. Appointing Authority. Choice of Venue. The language of the proceedings. Finality. Exclusion of the right of appeal.
(1) In this Part, arbitration agreement means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not.
Arbitration is a form of ADR in which an arbitrator, rather than a judge or jury, applies the law to the facts of a dispute to resolve the dispute. There are two forms of arbitration: binding and nonbinding.
What is an arbitration agreement? Arbitration agreements require that persons who signed them resolve any disputes by binding arbitration, rather than in court before a judge and/or jury.
Arbitration is a formal method of dispute resolution involving a neutral third party who makes a binding decision. The third party neutral (the arbitrators, arbiters or arbitral tribunal) renders the decision in the form of an arbitration award.
Example 1. Arbitration. All claims and disputes arising under or relating to this Agreement are to be settled by binding arbitration in the state of [insert state in which parties agree to arbitrate] or another location mutually agreeable to the parties.
An arbitration agreement must be in writing, either in the form of an arbitral clause in a contract or in the form of a separate agreement.
Whats the difference between mediation and arbitration? In a mediation process, a neutral, trained mediator works to help disputants come to a consensus on their own. In arbitration, a neutral, trained arbitrator serves as a judge who is responsible for resolving the dispute.