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Arbitrator

An arbitrator is a neutral person chosen to settle disputes through arbitration, a private dispute resolution process outside the courts. An arbitrator's primary function is to hear claims and evidence presented by the parties and render an arbitral award that is binding on all parties. Arbitration contrasts with litigation in that it is typically private, may be faster, and allows parties to select arbitrators with relevant expertise. In most cases, a sole arbitrator is used, but many proceedings employ a panel of three arbitrators, particularly for complex matters.

Arbitrators are appointed by agreement of the parties, by an arbitration institution, or by a court acting

Arbitral awards are generally enforceable in many jurisdictions under national law and international instruments such as

Arbitration is used across commercial, construction, investment, sports, and labor disputes, among others, where confidentiality, speed,

as
appointing
authority.
The
appointment
process
aims
to
ensure
impartiality
and
independence.
Arbitrators
must
disclose
any
potential
conflicts
of
interest.
The
procedure
is
defined
by
the
governing
arbitration
agreement
and
the
rules
of
the
chosen
institution
or
the
applicable
law.
Hearings
may
be
conducted
with
open
or
closed
proceedings,
and
the
parties
present
evidence,
expert
testimony,
and
arguments.
The
arbitrator
issues
a
written
award
stating
findings
of
fact,
conclusions
of
law,
and
the
decision
on
the
disputed
issues.
the
New
York
Convention,
making
arbitration
a
favored
method
for
cross-border
disputes.
Challenges
to
awards
are
typically
limited
to
the
grounds
of
due
process,
lack
of
jurisdiction,
or
evident
arbitral
misconduct,
and
are
assessed
by
courts
rather
than
by
arbitrators
themselves.
and
expertise
are
valued.