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Ask a question View profile10 Best Arbitration Lawyers Adelaide - Australia
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Ask a question View profileArbitration
Arbitration and Dispute Resolution law practice involves a practical approach to resolve disputes between the parties outside the courts in Australia, or international courts.
A person or an entity is nominated to resolve the dispute and provide a legally binding arbitration award. Such persons are called "arbitrators", "arbiters" or "arbitral tribunal". The arbitration award is enforceable in the courts.
It is an effective tool used by experienced Australian lawyers to resolve both simple and complex commercial disputes ranging from contract breach to financial transactions. In the increased global services and international commercial transactions, arbitration has become paramount importance.
Arbitration is not just limited to commercial transactions but also involved in high-value consumer and employment matters as agreed upon as part of the contracts. Arbitration is gaining momentum in Australian commercial contracts and agreements including a memorandum of understanding.
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