Arbitration proceedings process

What are your thoughts on the Arbitration proceedings process? Look at the rules that govern the process of initiating arbitration and selecting the arbitrator within your municipality or state. Do you think the process results in a fair opportunity for the employees, employer and those impacted by the issues to be heard? Is there enough preparation in selecting the arbitrator? Is there enough time for the arbitrator to review and hear the case? Do you believe the arbitration process is fair? Are there any parts of the process that you think are too cumbersome or, inversely, move too quickly? Have you ever participated in the process by providing feedback, attending hearings, or submitting proposals to your employer going through the rule making process? Please feel free to elaborate and provide your thoughts on other aspects of the arbitration process as well.