Top Rated Solution for Vendor and Contract Lifecycle Management

G2 reviews, 4.5 stars Software Advice, 4.7 stars

“Before Gatekeeper, our contracts were everywhere and nowhere.”

Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar

“Gatekeeper is that friendly tap on the shoulder, to remind me what needs our attention.”

Donna Roccoforte, Paralegal, Hakkasan Group

“Great System. Vetted over 25 other systems and Gatekeeper rose to the top.”

Randall S. Wood, Associate Corporate Counsel, Cricut

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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Arbitration

Arbitration is another method of Alternative Dispute Resolution.

A dispute is submitted by agreement of the parties involved to an arbitrator. 

In an arbitration, a private tribunal determines the resolution of a Dispute between the Parties to a Contract.

It can be binding or non-binding. In instances where it is binding, the decision is final.

In a non-binding arbitration, the decision is advisory only and is only final when accepted by all parties.