A "private arbitrator" is a person chosen by both parties involved in a dispute to act as a judge and make a decision. They are not a part of the court system and their decision is legally binding. Full definition
Our lawyers have regularly appeared before Private Arbitrators regarding disputes between insurers. (mccagueborlack.com)
An arbitration clause states that by entering into the contract, the parties are waiving their right to pursue certain claims through the courts, and instead they agree to allow a neutral private arbitrator to resolve claims through simplified proceedings. (southfloridapersonalinjurylawyers-blog.com)
Our mediation and alternative dispute resolution group is led by Ken Bialkowski, who has practiced almost exclusively as a top - tier mediator and private arbitrator for almost 20 years. (beardwinter.com)