Summary: What is Arbitration? Is Arbitration Better than Litigation? Why Choose Litigation Over Arbitration? Other Factors That Influence the Path to Arbitration vs. Litigation What is a Disadvantage of Arbitration? Differences Between Arbitration...
This article was updated on September 21, 2023. Ordinarily, when two parties to a contract have a legal dispute, they can turn to the court system to settle the issue. But depending on how the contract was drafted, the parties might not have that option. Instead...