Arbitration is a mandatory but non-binding informal hearing where a neutral arbitrator, or panel of arbitrators, is selected to hear the evidence in your case. The Request and Agreement to Arbitrate form assists members in filing for arbitration where they believe that they are the procuring cause.Dispute resolution clauses in contracts should be drafted to promote the negotiated resolution of disputes in a fair, timely, and costeffective manner. If you're having a business-related dispute, you may consider pursuing an arbitration. Our lawyers can guide you through the entire process. When an agreement to arbitrate is included in a contract, it can serve to expedite peaceful settlement without the necessity of going through the arbitration. The Law Division Mandatory Arbitration program is an alternative dispute resolution process for civil suits seeking money damages. Individuals and companies enter into a mutual agreement to arbitrate claims as a means for keeping their disputes and resolutions out of the courts. Arbitration agreements are often treated as "onesizefitsall" precedents which are included in commercial contracts without much thought. Arbitration clauses, also known as arbitration agreements or arbitration provisions, are alternative dispute resolutions.