What are the advantages of mandatory or compasary arbitration?

Mandatory or compulsory arbitration offers several advantages, including efficiency in resolving disputes, as it typically involves shorter timelines and lower costs compared to traditional court proceedings. It allows for more streamlined processes, reducing the backlog of cases in the judicial system. Additionally, arbitration can provide more privacy for the parties involved, as the proceedings are generally not public, and it often allows for more flexible solutions tailored to the specific needs of the parties.