The statement is true since to bring in an impartial third party called an arbitrator to render a binding decision in labor or other dispute in an agreement called arbitration.
A judge who is impartial and in charge of arbitrating disputes acts as the judge in arbitration. The arbitrator hears each side's argument and relevant evidence, then makes a binding decision. A dispute may be submitted to one or more arbitrators through the process of arbitration with the consent of the parties, who then render a legally binding decision. The parties decide against going to court by choosing arbitration as their method of private dispute resolution.
A worker and employer's disagreement can be settled outside of court through arbitration. A neutral arbitrator, who hears arguments from both sides and renders a decision on the merits of the case, presides over arbitration proceedings.
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