Arbitration has a long history, going back to the earliest trade and commerce.
Arbitration depends upon and supports party determination. Parties choose and pay for an arbitrator or arbitration tribunal to conduct a private, efficient hearings and produce reasoned, enforceable "Awards".
Courts rarely intervene to set aside an arbitrator's award. By law, arbitrators' awards are as enforceable as judgments of the court itself.
Arbitration brings efficiency and finality to construction dispute resolution and is a preferred means of resolving such disputes.
Duncan Glaholt is a Chartered Arbitrator with over twenty years of experience. He has co-authored well-respected books on the subject.