Arbitrators are neutral third parties who help resolve disputes outside of the court system. They listen to both sides of a disagreement, review evidence, and make a binding decision, known as an arbitration award. This process is often faster and less formal than traditional litigation, making it a popular choice for businesses and individuals. Arbitrators can specialize in various fields, such as commercial disputes, labor relations, or international trade. Their role is to ensure a fair process and provide a resolution that both parties must accept, helping to avoid lengthy court battles and fostering more amicable outcomes.