What is the difference between arbitration and litigation?

The difference between arbitration and litigation is that arbitration is a process of dispute resolution outside of court where parties bring their disputes before a neutral arbitrator who will make a decision that is final and binding. Litigation, on the other hand, is the process of a dispute taking place through a court system. This is most commonly done in civil cases, when parties cannot come to an agreement on their own and are looking for a ruling from a judge or jury. In the context of business litigation law in Washington, the arbitration process is an alternative dispute resolution method that is often used in lieu of litigation. Arbitration is generally favored because it is private, fast, and less expensive than going through the court system. It is also more informal, allowing parties to present their arguments in a way that fits their dispute and makes it easier to customize the settlement according to their individual needs. On the other hand, litigation is a more formal process of a dispute taking place through a court system. In litigation, the court will make a final decision on the case and the parties must abide by that decision. This process can often be lengthy and expensive, and it is usually more appropriate for disputes that require the enforcement of court orders or those that involve a large amount of money. Therefore, the main difference between arbitration and litigation is that arbitration is a private dispute resolution process outside of court, while litigation is a formal court process involving a judge or jury.

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What is the difference between arbitration and litigation?

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