What is an arbitration award in civil law?

An arbitration award in civil law is a final decision made by an arbitrator. An arbitrator is a neutral third-party who hears both sides of a dispute and then makes a decision. This decision is binding and the parties involved must follow the terms of the arbitration award. An arbitration award is similar to a court order, except that it is reached through an out-of-court process, usually much quicker and cheaper than litigating a case in court. Arbitration awards are allowed and recognized under North Carolina civil law. The arbitration process may involve a panel of arbitrators, or one arbitrator, who will review evidence and hear arguments from both parties before making a decision. This decision may not be appealed or overturned, however, a party may try to contest the award in court. Arbitration awards are typically enforced by court orders, so the terms of the award can be enforced. Generally, an arbitration award will be the final word in the dispute, except in cases of serious misconduct. In those cases, parties may have the option to appeal the decision. Arbitration awards are important in North Carolina civil law because they provide parties with an expedited and often less expensive resolution to a civil dispute. This allows people to settle their disputes quickly and efficiently, without the cost and time associated with going to court.

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