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Arbitration

Arbitration Agreement

Connecticut

Asked on Mar 30, 2021

What is an arbitration clause?

I want to better understand what these are and if I need to include them in my agreement.

1 Attorney answer

Answer

Arbitration

Connecticut

Answered 251 days ago

Donya G.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, New York
Free Consultation

An arbitration clause allows the parties to have their disputes heard by an Arbitrator (trier of fact, similar to a Judge), instead of going to court). When parties disagree, they can either go to court (the average case takes about 2 years to be heard) or to have their case tried before an arbitrator (ususally a much quicker and sometimes less expensive option). DISCLAIMER The answers to these questions do not constitute legal advice and does not create an attorney-client relationship with the attorney and anyone who reviews these responses.

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