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FAQ
Arbitrator fees vary based on experience and the complexity of the case. Typically, fees are outlined in the arbitration agreement or institution's rules. It's advisable to discuss and agree on fees upfront to avoid surprises.
Yes, parties may challenge an arbitrator's appointment under certain circumstances. Grounds for challenge include bias, lack of independence, or failure to disclose relevant information. It's essential to follow the procedures outlined in the arbitration rules.
Arbitrators can be appointed by the parties involved or through an arbitration institution. The appointment process typically involves mutual agreement on the arbitrator's qualifications. Ensure that the chosen arbitrator meets the specific needs of your dispute.
Arbitrators serve as neutral parties who facilitate the arbitration process. They evaluate evidence, hear arguments, and render decisions based on the merits of the case. Their role is pivotal in ensuring a fair and impartial resolution.
Selecting the right arbitrator is crucial for a successful arbitration process. Consider their expertise, experience, and reputation in the relevant field. A well chosen arbitrator can significantly influence the outcome of your case.
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