1. Speed - Arbitration usually takes less time than a court to reach a decision.
2. Cost-Effective - Arbitration is usually quicker than litigation, lawyer's cost are lower. Self- represented parties can save on lawyer's cost.
3. Enforceability - Arbitral Awards (decisions) are recognized and enforced by over 150 countries.
4. Confidentiality - Arbitral Awards (decisions) are not public documents.
5. Flexibility - You decided the dispute settlement parameters.
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