Arbitratió
Arbitratió, also known as arbitration, is a form of alternative dispute resolution (ADR) where parties in a disagreement agree to have their case heard by an impartial third party, the arbitrator, or a panel of arbitrators, instead of going to court. The arbitrator's decision, known as an award, is typically binding and enforceable by law. This process is often chosen for its perceived efficiency, confidentiality, and the ability to select arbitrators with specific expertise in the subject matter of the dispute.
Arbitration can be voluntary, where parties agree to arbitrate after a dispute arises, or mandatory, often stipulated
The advantages of arbitration often cited include speed, cost-effectiveness compared to litigation, and privacy, as arbitration