Arbitration law in Paris 3 (75003)

Arbitration is an alternative dispute resolution method whereby parties agree to submit their dispute to an arbitral tribunal generally composed of 1 or 3 arbitrators.

The arbitrator makes an award that is binding on the parties subject to certain conditions.

Arbitration thus makes it possible to settle a dispute by bringing the matter before an arbitral tribunal rather than the State courts,

It is therefore a method of settling disputes out of court and is very often used in international disputes