Illinois Discovery Closure and arbitration Order is a binding agreement between two parties that is used to resolve disputes. It is also known as a “private settlement,” and it is designed to provide a quick and efficient way to resolve disputes without having to go to court. The order is issued by a court or an administrative agency and is signed by both parties. It may include provisions for discovery and the exchange of documents, the submission of evidence, and the submission of written arguments or briefs. It may also include a provision for arbitration, which is a process in which the parties agree to have a neutral third party decide the dispute. There are two types of Illinois Discovery Closure and arbitration Order: a Discovery Closure Order and an Arbitration Order. The Discovery Closure Order is designed to limit the discovery process, or the exchange of information between the parties, while the Arbitration Order provides for the parties to submit their dispute to a neutral third party for resolution.