The point of difference between arbitration and litigation in court is party autonomy - the ability to select your arbitrator, to determine your process and to maintain confidentiality. This is particularly useful in industries like the construction industry and in highly technical commercial activities like information and communications technology and the marine industry.
Yet, the finality of arbitration carries with it considerable issues of caution.
Musings of a busy mind
I published an update on arbitration in New Zealand in the IBA Arbitration Committee's September publication.
For those wanting to download the power point slides from my session on preparing for family law arbitration, see attached.