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,