Arbitration Law
Arbitration Clause
A clause within a contract by which the parties agree, in advance, to resolve any future disputes arising from that contract through arbitration rather than the courts.
When a contract contains a valid arbitration clause, courts will generally refer disputes covered by it to arbitration rather than deciding them directly, if either party insists on it — respecting the parties' original agreement on how to resolve disagreements.
The clause typically specifies details like the number of arbitrators, seat of arbitration, and the procedural rules that will apply.
Need a Arbitration lawyer?
Browse Arbitration Lawyers
Related Terms