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LSDefine

Simple English definitions for legal terms

voluntary arbitration

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A quick definition of voluntary arbitration:

Voluntary arbitration is when two parties agree to have a neutral third party help them resolve a dispute. It's like having a referee in a game to make sure everyone plays fair. This is different from going to court, where a judge makes the final decision. Voluntary arbitration is a choice that both parties make to try to work things out without going to court.

A more thorough explanation:

Voluntary arbitration is a process where two parties agree to have a neutral third party make a decision about a dispute. This decision is binding and cannot be appealed. It is called "voluntary" because both parties agree to participate in the process.

For example, if two companies have a disagreement about a contract, they may choose to go through voluntary arbitration instead of going to court. They would agree on an arbitrator who would listen to both sides and make a decision that both parties would have to follow.

Another example of voluntary arbitration is in labor disputes. If a union and an employer cannot come to an agreement, they may choose to go through voluntary arbitration to resolve the issue.

Voluntary arbitration is often faster and less expensive than going to court, but it is important to choose a qualified arbitrator and carefully consider the terms of the arbitration agreement.

voluntary appearance | voluntary deposit

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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