There are several reasons that you may elect to use arbitration or to include a mandatory arbitration clause in your partnership deeds or LLP agreements:

• Arbitration takes place in private and is highly confidential, unlike other civil litigation or employment disputes which are fought in open court, offering valuable reputation protection for both parties.
• Unlike mediation, where parties seek a compromise without being required to settle, arbitration delivers a binding decision determined by a neutral third-party arbitrator with limited grounds for appeal.
• Arbitration often provides the possibility to engage a neutral arbitrator of choice with subject-specific expertise.
• The parties generally have greater flexibility in deciding the venue, language, and both the choice and number of arbitrators.

However, arbitration also often comes with greater costs, as a result of needing to pay arbitrator fees, administrative costs and potential venue charges, which is a relevant factor to consider before progressing down this route.

Our experienced team can advise on whether arbitration is an option, or indeed required, to resolve your partnership dispute. We’ll guide you through any legal and strategic considerations before supporting you through the full arbitral process, drawing on our experience in handling complex partnership disputes.