Arbitration is by no means a new option for resolving disputes. Yet, parties and their counsel may not be aware of everything that this ADR method brings to the table. Here are five things you may not know about arbitration.

1. A successful arbitration begins with the initial contract

2. You have options

Parties can:

• Change the institution that will administer the arbitration

• Change the number of arbitrators

• Change the way the arbitrators are appointed

• Define the scope of discovery or information exchange

• Add or delete a fee-shifting provision

3. All evidence is not equal

4. Choose Neutrality When Selecting Arbitrators

5. You have an option to appeal

Related Posts

ADR Prof Mount Rushmore
March 23, 2014

There’s recently been a lot of discussion of who should be on the “Mount Rushmore” of sports which has resulted in lots...

CPR Awards: Paul Lurie, Nancy Rogers, Jim Stark, Doug Frenkel and More
February 25, 2014

The International Institute for Conflict Prevention & Resolution (CPR), an independent nonprofit comprising global corporations,...

Dispute Resolution in Federal Courts: New Study to Look at How It’s Working
January 23, 2014

The different ways federal district courts provide settlement assistance to parties is the focus of a new study by theFederal...