Private Dispute Resolution is an extension of contract law. If two people agree
to do something, most jurisdictions will enforce the promised performance. This is expressed in the Latin phrase "pacta sunt servanda", which is usually translated "agreements must be kept" but more literally means "pacts must be kept".
There are only a few simple requirements:
1. There must be a valid agreement to participate in private resolution.
2. There must be a neutral mediator or arbitrator.
3. There must be fair, established rules so the process proceeds orderly.
4. There must be a method of enforcement.
Our recommended arbitration clauses
solve all these issues. But, remember,
it is best to make plans BEFORE entering any contract.
Decide for yourself if Private Dispute Resolution would be good for you.
FAQ (Frequently Asked Questions)