Unless an arbitration clause specifies that an arbitrator's decision is non-binding.
What is arbitrator?
An arbitrator is a person who acts as a neutral, impartial third-party to resolve a dispute between two or more parties. Arbitrators are typically chosen through an agreement between the parties, who will agree to abide by the arbitrator's decision. The arbitrator will review the facts of the case and render a decision, usually in the form of an award. The award is binding, meaning that the parties must abide by the arbitrator's decision. Arbitration is a form of alternative dispute resolution, commonly used in cases of contract or employment disputes. It is a less expensive and less time-consuming process than litigation, and is often considered a faster and more efficient way to resolve disputes.
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