Arbitration It is an alternative method of dispute resolution, based on the voluntary agreement of the parties, which delegates the resolution of the dispute to third parties (the arbitrators).

Among the advantages of arbitration, the following stand out:

- Autonomy of the parties' will;

- The choice of the applicable law;

- The designation of the arbitration venue;

- The determination of the time required to conclude the dispute;

- The informality, flexibility, and swiftness of the procedure;

- Confidentiality;

- Transparency of the procedure at all stages;

- Impartiality of the arbitrators, ensuring the necessary legal security;

- Broad and unrestricted right of defense;

- The arbitral decision carries the same legal effects as a judicial judgment;

- Greater availability of time from the arbitrators.