Agreement to arbitrate example
What is an Arbitration Agreement?
An Arbitration Agreement is simply a legal agreement by two parties to work any potential disputes out through arbitration rather than through court. Arbitration Agreements are often made early in a relationship and help both parties can help prevent unnecessary legal costs and hassles down the road. These agreements can help you get to a quicker and cheaper resolution for common legal disputes.
When to use an Arbitration Agreement:
- You're in a dispute with a business partner and want to avoid the high costs of court.
- You'd like to form an agreement with a business partner regarding how you'll handle future disputes.
Sample Arbitration Agreement
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