Arbitration is a means of dispute resolution whereby two disputing parties agree to submit their dispute to a neutral third party for determination.

An agreement of the parties to submit their disputes to arbitration is typically found in the form of an arbitration clause which is incorporated into a contract between the parties. In arbitration, an independent arbitrator will hear details of the dispute from the parties and give a final decision on the issue.

The process is typically quicker, more flexible, and confidential compared to court proceedings. However, given that arbitration is very similar to a court case in other ways solicitors are usually engaged by the parties.

Arbitration is governed by the Arbitration Act 2010, aligning with international standards. 

If you have a query in relation to arbitration, contact our team on 01 644 9900 or mail@danielspring.ie

This information is provided for information purposes only and does not constitute legal advice. Specific legal advice in relation to your situation should always be taken prior to taking any action on foot of this information.