A private courtroom. A way to resolve a dispute when you can agree that you disagree, and that someone other than yourselves will be better able to bring clarity to your situation.
Arbitrators are experienced practitioners, often times retired judges. They can create a private courtroom setting where clients can set the time schedule, and the parties and their lawyers can present the facts as they see them to be. The arbitrator can then streamline the process by making an Order that the parties agree will be binding (although they can also agree in advance that is does not have to be).
The arbitration process can be used to more speedily overcome a stumbling block, for instance, the division of multiple parcels of real estate, so that the parties can then move on to more amicably reach their remaining agreements.
Arbitrators can timely untangle a dilemma that otherwise left to fester could become a more complicated rift.