Cost: Generally far less expensive than a court legal process.

Expediency: Generally much quicker than going to court.

Privacy: Arbitration Processes are not conducted or reported in the public domain.

Binding: An Arbitral Award, properly acquitted is legally binding for the parties.

Say In The Process: The parties to the dispute are primarily in control of the resolution process, including choosing the arbitrators.

Specialist Knowledge: It is achievable to appoint an industry specialist to the Arbitral Tribunal.

Less Daunting for the Parties: A less structured and user friendly system & process for the parties to go through.

Finality: There is no right of review or appeal. An Arbitral Award is final.