arbitrator

An arbitrator is a neutral third party who helps resolve disputes outside of the court system. In arbitration, both sides present their arguments and evidence to the arbitrator, who then makes a decision. This process is often faster and less formal than going to court. The decision made by the arbitrator, called an "award," is usually binding, meaning both parties must follow it. Arbitrators are commonly used in business disputes, labor negotiations, and various contractual disagreements to reach a fair resolution without the need for litigation.