How do arbitration awards differ from court judgments?

An arbitration award is a judgment that arises from an Alternative Dispute Resolution (ADR) process, such as mediation or arbitration. Arbitration awards are different from court judgments in several ways: First, the arbitration award is made by a professional arbitrator rather than a court judge. This means that the arbitrator, rather than the court, makes a decision based on the facts and evidence presented. The arbitrator is also not bound by the same strict rules of procedure and evidence that apply to a court of law. Second, the arbitration process is usually less formal and more private than a court proceeding. Arbitration awards are typically confidential, meaning that the parties involved may not be able to make the award public unless both parties agree. Third, arbitration awards are generally not subject to appeal. The award is binding and final, and parties may not challenge the award. In contrast, court judgments can be appealed in some circumstances. Finally, arbitration awards can be more flexible than court judgments. An arbitration award may include an agreement to take certain actions, rather than a monetary award, and the time frames in which those actions must be taken can be established in the award. In short, arbitration awards are different from court judgments because they are made by a professional arbitrator rather than a court judge, the process is typically less formal and more private, the award is binding and final, and the award can include an agreement to take certain actions in addition to monetary awards.

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How do arbitration awards differ from court judgments?

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