International Arbitration Lawyers

What to Look Out for with Internal Arbitration

The key features of choosing Internal Arbitration are:

Flexibility 

Parties are not constrained by the court procedures in a particular jurisdiction, meaning they can work at their own pace with an arbitrator of their choice. 

Privacy and Confidentiality 

Unlike most courts, arbitration can stay out of the public domain. For many organisations and individuals, this may be incredibly important if you don’t want others to learn the details of your dispute.

Neutrality 

No party gets the home advantage in terms of the judicial system, as the arbitrator for these cases is entirely neutral and independent, as is the choice of venue. 

Choice 

As the parties can choose the arbitrator, you can be confident that you are getting an expert in your field. Not constrained by court procedures, both parties can also map an agreed timetable to ensure the timely conclusion of the dispute. 

Closure

Not only can a faster and less expensive resolution of the dispute be achieved with arbitration (compared to litigation in court), but the outcome is final. Arbitration results are also usually uncluttered with court rules on appeal.