People who are divorcing or separating and have not agreed a financial arrangement appoint an independent expert to decide what the arrangement should be instead of going to court.
Arbitration is a legally recognised method of resolving disputes. Arbitrations are governed by the Arbitration Act 1996. The first step in the process is for the parties to agree who will take the decision to bring their dispute to an end. They enter into a contract with the arbitrator. They can agree, or the arbitrator can decide, the procedure which will be used to enable the decision to be taken. Arbitration is very similar to court proceedings. The same legal principles are used but the procedure and location can be tailor-made to suit the specific case. Click here to find more information on the various levels of service here.