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The phrase "arbitration will be held" is correct and usable in written English.
It can be used in legal or formal contexts to indicate that a process of arbitration is scheduled to take place.
Example: "The parties have agreed that arbitration will be held on March 15th to resolve their dispute."
Alternatives: "arbitration is scheduled" or "arbitration will take place".
Similar(60)
The closer's arbitration hearing will be held next week if no deal is reached.
The International Law Section of the State Bar of California is sponsoring a program on "Current Trends in International Arbitration," which will be held in San Francisco.
They may file for arbitration from tomorrow through Jan . 15 and hearings will be held Feb.
Private services will be held.
It will be held Aug.
Funeral Services will be held Thursday.
It will be held this fall.
Private cremation will be held.
Violators will be held accountable.
Elections will be held.
In all cases, independent arbitration will be available.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com