Arbitration is a method of dispute resolution in which the parties, instead of going to court, refer their dispute to one or more trusted arbitrators. They can appoint the arbitrators themselves or have them appointed by another person or the court. One of the most important reasons for using arbitration is that, unlike the judicial authorities, arbitrators are not required to comply with the time-consuming rules and procedures of the procedure, and as a result, the speed of the dispute resolution process is much higher and usually much less expensive. Sometimes, lack of trust in the impartiality of the courts - especially in international disputes - encourages people to use arbitration. Arbitration is especially widely used in international commercial contracts. Arbitration is also widely used in domestic law, and all individuals can entrust the task of handling their dispute to a person or persons they trust, given their reputation for honesty and trustworthiness and expertise in specialized aspects.