Arbitration is a form of alternative dispute resolution outside the formal structure of law and court procedure, would provide a suitable alternative that was just, accessible, efficient, timely and effective. In choosing arbitration, an arbitrator listens and decides the case like and the parties choose a private dispute resolution procedure instead of going to court. Now, I would like to discuss some advantages and disadvantages of arbitration over litigation.
Advantages of arbitration over litigation:
Faster
Arbitration resolves the conflicts speedy because the proceedings are less formal than a court case. There also cannot be appealed or over-turned unless the arbitrator showed bias, discrimination, or fraud, so the dispute is not prolonged by a long appeal process.

Besides that, arbitration goes through the flexibility of scheduling in the court system and arbitrators have more flexible schedules than judges. Therefore, parties have better control the timing of the arbitration proceedings. For parties, they can focus on their business faster when the dispute resolves faster.
Costs
A court litigation usually involved many complex procedures with heavy legal cost. In some cases, it may be unsuitable for private individuals and small companies. Therefore, the lower cost of arbitration can be an attractive condition to these parties to arbitrate.
However, lately, the new arbitration has changed. The expense of paper and face-to-face meetings unnecessarily occupy the costs in some cases. Therefore arbitrators’ fees can be fairly expensive when the trial is involved. Hence, the costs may not a factor to be considered when the parties choice to go for arbitration.
Informal
Litigation is a highly formalized process with specialized rules, many require, and complex proceedings for both parties. Otherwise, arbitration meetings tend to be less formal than