Roadmap: When Should You Choose JAMS, AAA or CPR Rules?
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Albert Einstein supposedly once said “you have to learn the rules of the game. And then you have to play better than anyone else.” In arbitration, that means figuring out which organizations’ rules are best suited for your arbitration clause. This post is designed to help drafters make that decision by giving a quick and dirty overview of the similarities and differences between the administered rules for commercial disputes at the three most common arbitration providers: AAA, JAMS, and CPR.
Generally speaking, the rules of the three organizations are very similar. That said, attorneys and clients should consider the following:
- FEES: [Read the linked article]
- DEFAULT AWARD: [Read the linked article]
- DISCOVERY: [Read the linked article]
- ARBITRATORS: [Read the linked article]
- AWARD DEADLINES: [Read the linked article]
- MOTION PRACTICE: [Read the linked article]
Of course, there are many more rules for each organization and other important issues to consider. However, this list should give drafters a good starting point for analyzing which arbitral forum (and specific rules in that forum) are best for their arbitration agreement.
Read original articleTags: AAA, Albert Einstein, Arbitration, Arbitration Clause
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