Forced binding arbitration is a legal proceeding to settle disagreements between two parties. Arbitration is the most traditional form of private dispute resolution.Arbitration is a binding procedure. Arbitration is a mechanism for resolving disputes between investors and brokers, or between brokers. It is similar to arbitration except that a jury decides factual issues and renders a verdict as a jury would in a traditional trial. Access the forms and information you need to file or respond to a small claims case. Arbitration is a mechanism for resolving disputes between investors and brokers, or between brokers. Monash UL Rev 145, 147; Sourdin, T, The Role of Courts in the New Justice System (2015) 7(11). A landlord may ask you to fill out a rental application. If the plaintiff has a lawyer, a copy of your Answer should be mailed to the lawyer.