Arbitrators help resolve conflicts outside of the court system by facilitating negotiation and dialogue between disputing parties. They hold private, confidential hearings, which are less formal than a court trial.
Arbitration and other alternative dispute resolution methods are often seen as a faster and less expensive option than trials and litigation. In addition, many contracts, including employment, customer, and real estate contracts, may include clauses requiring complaints and disputes to be decided through mediation or arbitration. As such, Arbitrators are in great demand in nearly every industry.