Arbitration Tribunal

An Arbitration Tribunal is a group of neutral individuals, usually experts in a specific field, chosen to resolve disputes outside of court. When two parties cannot agree, they may turn to arbitration, where they present their case to the tribunal. The tribunal listens to both sides, reviews evidence, and makes a binding decision. This process is often faster and less formal than court litigation. Arbitration is commonly used in business contracts, labor disputes, and international disagreements, providing a way for parties to settle conflicts efficiently while maintaining privacy.