Counsel who lack a thorough understanding of arbitration are often unwilling to trust the process and may be inclined to resort to the “comfort zone” of litigation. Effective management of the process by both the administering institution and the arbitrator, however, usually results in a faster, cheaper and more mutually satisfying process and makes selecting administered arbitration a no-brainer. This 60-minute recorded webinar focuses on why there is great value in an administered arbitration process by the AAA, and highlights the pitfalls of ad hoc arbitration. Among the issues examined are— the myth that an ad hoc process is cheaper than administered arbitration; potential problems involving disclosure; the role that an administrative institution may play in reviewing the award; arbitrator fee collection; why familiarity with the rules being applied is so important. Arbitrators and advocates who register for this webinar will come away with broader insight into the advantages of an administered arbitration process, the true value of AAA fees and the services provided, how administration may provide greater protection of the arbitration award, and the risks of ad hoc arbitration.
The AAA does not offer CLE in any jurisdiction for our online programs, but you may be able to use a copy of the certificate available at the conclusion of the course to submit for CLE credit on your own (we recommend that you confirm availability of CLE in your jurisdiction for this type of course).