Arbitration and the rule of law are interdependent. Arbitration is a private, contract-based mechanism for resolving disputes. From the merchant guilds of medieval Europe to the arbitration clauses embedded in modern domestic and international contracts, and state-to-state disputes, the practice has thrived because it is perceived as efficient, trustworthy, rule-based, and neutral.
(Reprinted with permission from the April 2026 edition of the New Jersey Lawyer Magazine ©2026 New Jersey State Bar Association. All rights reserved. Further duplication without permission is prohibited.)
*The views expressed are those of the author(s) and do not necessarily reflect the views of CCA or any other organization.
