Are actions the involved parties need to take in the arbitration process?

In the arbitration process, the involved parties must first agree on the arbitration rules and select an arbitrator or a panel of arbitrators. They need to prepare and submit their respective statements of claim and defense, along with any supporting evidence. Throughout the process, parties are also required to comply with deadlines and procedural orders issued by the arbitrator, and they may engage in hearings to present their cases. Finally, they must abide by the final award issued by the arbitrator.