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hello in the following video i will be giving you a brief overview of the most important issues concerning arbitration agreements and arbitration clauses and i will try to emphasize the importance they have for any successful commercial arbitration tyler floyd zankovic one global team focused on what you do in the first place i think it is important to recap the main difference between litigation and arbitration which is that in arbitration the parties explicitly consent to waive their right to have the dispute settled before state courts so in order for an arbitration to be initiated in the first place one needs both parties consent and this consent is usually agreed upon in an arbitration clause or an arbitration agreement the main difference between these two instruments is that arbitration clauses are usually included into a contract as a clause and there by regulate future disputes that might arise and clauses can also make reference to other documents that include an agreement to
