All else being equal, an arbitration may be less expensive than a jury trial, however, this depends upon the nature of the claim(s) to be resolved. (Credit: liubomir118809/Adobe Stock) All else being equal, an arbitration may be less expensive than a jury trial, however, this depends upon the nature of the claim(s) to be resolved. (Credit: liubomir118809/Adobe Stock)

For over a century, arbitration has been utilized to resolve disputes as an alternative to navigating the traditional court system. In recent years, arbitration has grown immensely as a dispute resolution tool, thanks to comprehensive legislation at the state and federal level and overburdened court systems that have exacerbated the need for viable alternatives to traditional litigation of claims that may arise in any context.

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