What is arbitration law?

Arbitration law is a type of law designed to provide parties involved in a dispute with an alternative form of dispute resolution outside of the court system. This means that, instead of taking a dispute to court, the parties involved can agree to have a neutral third party, known as an arbitrator, review the case and make a binding decision. In California, arbitration law is governed by the California Code of Civil Procedure and the California Arbitration Act (“CAA”). Under the CAA, an arbitrator is required to be impartial and have the power to make a binding, enforceable decision. The CAA also requires that both parties must agree to proceed with arbitration in order for the process to begin. Arbitration law helps to resolve disputes faster than the court system, as the process is much less formal. The process also tends to be more cost-effective than court proceedings, as arbitration does not involve the same fees associated with traditional court proceedings. Ultimately, arbitration law is meant to provide an efficient and effective way to resolve disputes without the need for a lengthy, costly court proceeding. While arbitration is not always the right choice, it is an option that both parties to a dispute can consider before deciding to go to court.

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What is arbitration law?

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