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Learning the ‘Jist’ of Arbitration

I was doing some research on arbitration and found some interesting history that I thought I would share with you. Did you know that arbitration dates back as far as King Solomon who used it during the Greco-Roman period? Also, there is evidence that it was used in the United States beginning with their first President for disputes that happened over his estates. I think it’s very interesting that this process has been used over so many years by so many different groups of people to come to a mutual resolution that is beneficial for both parties involved.