For legal guidance, perspective, and resolution – in and out of the courtroom – contact our Houston-based business contract law firm today at (713) 909-7323. Arbitration is a alternative dispute resolution (ADR) in which an arbitrator renders a decision to resolve a dispute between parties.When you sign a contract that contains an arbitration clause, you agree to arbitrate disputes arising out of the contract with the other party to the contract. When it comes to arbitration in Texas, the Hunnicutt Law Group has you covered. Contact our attorneys today for help. Arbitration is a more formal process than mediation and can be either binding or nonbinding, depending on the agreement of the parties. The Arbitration Agreement typically describes the scope of the disputes covered as well as the process, procedure and other requirements related to arbitration. An arbitration clause is a provision in a contract that requires the parties to resolve any disputes through arbitration instead of going to court. One type of clause that can be very beneficial in a contract is a waiver.