Employment arbitration agreement

{
  "id": "MLC-T-INS-001306",
  "term": "Employment arbitration agreement",
  "field": "Insurance and risk management",
  "definition": "A contract between an employer and an employee stipulating that any disputes arising from the employment relationship will be resolved through arbitration rather than litigation. This agreement typically outlines the arbitration process, including the selection of arbitrators and the rules governing the proceedings. It aims to provide a faster and less formal alternative to court battles for employment-related claims.",
  "url": "https://mlchart.com/terminology/insurance/employment-arbitration-agreement/"
}