An arbitrator acts like a “private judge” for parties who want a neutral third party to make a decision about their rights and obligations. Arbitration is a more formal, structured process than mediation. The parties each present their side of the dispute to the arbitrator, who makes a decision.
An arbitrator may be appointed in a number of different ways, including:
- the parties may agree on the person they want to act as arbitrator;
- the parties may agree on a person or organization to appoint an arbitrator.
The parties pay the arbitrator. In some arbitrations, there may be a panel of three arbitrators, but it is less expensive for the parties to pay only one arbitrator.
At Pacific Centre for Dispute Resolution, our arbitrators write clear and concise decisions that all parties can understand.
An arbitration will be more informal than a court process, but it will almost always involve:
- oral evidence from each party about the issue(s) in dispute;
- submissions from each party about the issue(s) in dispute; and
- a binding decision made by the arbitrator.
If you wish to find out more about having one of our dispute resolution professionals act as an arbitrator for a dispute, please contact us. If the dispute proceeds to arbitration, all correspondence between you and the arbitrator will be provided to the other party to the dispute, to ensure fairness.