Arbitration
Arbitration law refers to the legal framework that governs the process of resolving disputes through arbitration. Arbitration is a method of alternative dispute resolution where parties agree to submit their conflicts to an impartial third party, known as an arbitrator or a panel of arbitrators. Arbitration laws establish the rules and procedures for conducting arbitration, including the selection and qualifications of arbitrators, the submission of evidence, the enforcement of arbitral awards, and the limited judicial review of arbitration decisions. The purpose of arbitration law is to provide a streamlined and efficient means of resolving disputes outside of traditional court proceedings, offering parties a quicker and more flexible resolution process.