Professional Arbitration on Court Terms (PACT) is a joint initiative between the Royal Institution of Chartered Surveyors (RICS) and the Law Society as a form of alternative dispute resolution (ADR) for Landlord and Tenant Act 1954 (LTA 1954) lease renewal disputes (see: PACT—Lease renewal disputes for a link to the joint Law Society and PACT guidance note: Surveyors And Lawyers Involved In Tenancy Renewals Under PACT). This Practice Note covers the aims of PACT, how it works, which type of PACT is most useful and whether an arbitrator or an expert should be used, along with fee considerations, advantages and disadvantages. PACT provides landlords and tenants with an alternative method of resolving outstanding issues on a lease renewal, outside the court process. For more information regarding lease renewals and proceedings, see Practice Notes: LTA 1954 business lease renewal—proceedings and LTA 1954 business lease renewal—termination. With the consent of both parties, issues relating to outstanding terms of the renewal lease are referred to an independent third party, acting as either an arbitrator or independent expert