What is the role of the arbitrator in an alternative dispute resolution process?
An arbitrator is an independent third party in the alternative dispute resolution process. They are responsible for conducting a fair and impartial hearing in which each party can present their side of the dispute. The arbitrator then makes a decision regarding the dispute based on the evidence and arguments presented by each side. The role of the arbitrator is to lead the proceedings and guide each party to a resolution. They are responsible for maintaining an impartial perspective throughout the hearing and for properly considering all of the evidence presented by each party. During the hearing, the arbitrator will ask questions to help gain a better understanding of the situation and to help the parties come to an agreement. The arbitrator is then responsible for issuing an award or resolution based on the evidence and arguments presented by the parties. The award is based on the applicable laws and is usually binding on all parties. After the award is issued, the parties must comply with the resolution or face legal action. The arbitrator plays a vital role in the alternative dispute resolution process and is responsible for making sure that the process is fair and impartial. With the help of an arbitrator, parties are able to reach a resolution without needing to go to court. This allows the parties to save time and money while resolving their dispute.
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