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draft an arbitration clause in an agreement or draft the whole arbitration agreement? Learn how to draft an arbitration agreement in this video. Arbitration allows parties to resolve disputes efficiently without court involvement. For example, a business contract between A and B can lead to disagreements. Instead of going to court, they can agree to arbitration for a quicker resolution. This process prevents delays and allows for a fair outcome. Businesses understand the benefits of arbitration and include clauses in their agreements.