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ARBITRATION (Disadvantages (The potential to generate bilings by attorneys…
ARBITRATION
Disadvantages
The potential to generate bilings by attorneys may be less the than pursuing
the dispute throught trial
It some legal systems, arbitration awards have fever enforcement option than judgments
If the arbitration is mandatory and binding, the parties waive their rights to access the courts and to have a judge or jury decide the case
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Advantages
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Arbitral proceedings and an award are generally non-public, and can be made confidential
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