If you have a right to challenge the LLM decision in court if you don't like it, probably wouldn't get anywhere, especially if it takes multiple decades. Everyone losing would just challenge the LLM ruling and push it back to the courts.
Binding arbitration is already this and it works. You pretty much give up your right to settle the matter in court if you agree to binding arbitration
Binding arbitration is already this and it works. You pretty much give up your right to settle the matter in court if you agree to binding arbitration