What is arbitration in civil law?

Arbitration is a form of dispute resolution, often used in civil law. In Oklahoma, arbitration is an alternative to a civil lawsuit. It is a process in which a third party, called the arbitrator, listens to both sides of the dispute and makes a decision about the outcome. The process is usually less expensive and quicker than a civil trial. The parties have the right to choose the arbitrator, who is usually a lawyer, or a panel of three people in more complex cases. The arbitrator considers each party’s side of the dispute, listens to witness statements, and reviews evidence presented. The arbitrator is then charged with making a fair and impartial decision based on the facts and the evidence. Once a decision is made by the arbitrator, it is considered final and binding. This means that the parties must adhere to the decision and are not able to take the case further or make any appeals. This is unlike a civil lawsuit, where a judge may make a decision but it can be appealed in a higher court. In Oklahoma, arbitration is a good option for resolving civil disputes quickly and economically. Since the decision is binding, it is important that each party has a full understanding of the process and the decision that is made.

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What is arbitration in civil law?

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