Arbitration is a type of Dispute Resolution

Arbitration is a type of Dispute Resolution, but not inside the Court. It’s an alternative to resolving disputes. If the Arbitration is mentioned in the contract with the consent of both parties. Arbitrator Lawyers always have valuable experience because separate expertise is required in the Arbitration Center. A good Arbitration Lawyer always provides advice to their clients as per the situation. Expert Arbitrator Lawyers advise for DIAC (Dubai International Arbitration Centre). A good Arbitration Lawyer has to be an expert and familiar with the International Chamber of Commerce, United Nations Commission on International Trade Law and the London Court of International Arbitration.

• Arbitration Lawyers

Such Lawyers are called Arbitration Lawyers with Arbitration expertise, and the Law Firms are called Arbitration Law Firms with Arbitration expertise. It’s better to call them arbitrators. Arbitration Law Firms, just dealing with Arbitration services, are called Arbitration Law Firms or Arbitration firms. The Arbitration Lawyers have to be experts in Financial Cases, Commercial Cases, etc.

Arbitration in the UAE

• Arbitration is the most widely used method for resolving commercial and civil disputes in the world.  It is also very popular in the United Arab Emirates. Arbitration is not a traditional court system like the Dubai Courts or Abu Dhabi courts. It helps parties to settle their conflicts outside the court system. The medium of litigation is called arbitration here. Arbitration is favoured by businesses because it is private and quicker than litigation.
• Governed by Federal Law

Arbitration is governed by Federal Law No. 6 of 2018 in the UAE. It aligns with international standards, including the UNCITRAL Model Law. Arbitration awards are binding and can be enforced by local courts once ratified in the United Arab Emirates.

• DIAC

The Dubai International Arbitration Centre (DIAC) is one of the trusted and leading institutions offering professional arbitration services. Here, parties can use the DIFC-LCIA Arbitration Centre, which operates under English common law principles. Arbitration is particularly common in sectors such as real estate, construction, maritime trade, and complex corporate transactions. Skilled legal professionals ensure compliance with UAE arbitration laws as well.

Read Here: Litigation Vs Arbitration