Commercial Arbitration Submission Form (Submission To Dispute Resolution)

SUBMISSION TO DISPUTE RESOLUTION. This form is typically used by parties who wish to submit their dispute to arbitration, a process in which a neutral third party, known as an arbitrator, makes a decision after hearing evidence and arguments from both sides. The parties to the dispute may voluntarily agree to submit to dispute resolution, or it may be a requirement under a contract or by law. The goal of this process is to find a mutually acceptable solution to the conflict that is less adversarial, less expensive, and less time-consuming than traditional litigation. The neutral third party, such as a mediator or arbitrator, acts as a facilitator to help the parties reach an agreement. They do not make decisions or impose solutions, but rather help the parties communicate and understand each other's positions, explore options for resolution, and negotiate a settlement. www.FormsWorkflow.com