What kind of matters can be arbitrated?

Arbitration in North Carolina is a form of alternative dispute resolution, which is a process designed to help people resolve disputes outside of a traditional courtroom setting. Generally, in North Carolina, any legal dispute can be arbitrated, from contractual disputes to personal injury matters. In addition, any matter can be arbitrated as long as the parties involved agree to the process and agree to abide by the decision of the arbitrator. For example, two individuals who are in a dispute over the terms of a contract can submit their dispute to arbitration. During the arbitration process, a third-party arbitrator would hear both sides of the story and then make a decision about the dispute, which can then be legally binding. Arbitration is also often used to resolve matters such as wrongful termination, medical malpractice, and breach of fiduciary duty. Again, as long as all parties involved agree to participate, any matter can be arbitrated. In North Carolina, arbitration is an attractive option because it is often cheaper and faster than going to trial. It is also often less adversarial than a trial and often allows the parties to come to a more amicable solution. In addition, the arbitrator’s decision is considered legally binding, so the parties must accept and abide by the decision of the arbitrator.

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What kind of matters can be arbitrated?

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