What role does an arbitrator serve in the dispute resolution process?

An arbitrator serves a critical role in the dispute resolution process by issuing a binding decision. Arbitration is a form of alternative dispute resolution where the parties involved agree to submit their case to an arbitrator, who listens to both sides and makes a decision that is typically enforceable in a court of law. This means that the outcome determined by the arbitrator is final and must be adhered to by both parties, providing a resolution to the dispute.

The process is distinct from mediation, where a mediator facilitates negotiations between the parties but does not have the authority to impose a decision. Unlike in negotiations, where parties may seek to find a compromise, arbitration leads to a definitive ruling that concludes the matter. This binding nature is what often makes arbitration an attractive option for organizations and individuals seeking a quicker and more definitive resolution compared to traditional court procedures.