A desire for the speedy resolution of a dispute often impels parties to opt for arbitration instead of court trial. This expectation is based upon the likelihood of an earlier hearing date, proceedings involving less restrictive rules of evidence and procedure, and finality of an award that is typically non-appealable.
Among these considerations is that an arbitrator, particularly one who is not required to explain the decision through a reasoned opinion, will generally render an award relatively quickly after the hearing is concluded.
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