Defining & Choosing an Arbitrator in Dallas: The Top 5 Considerations
Considering Arbitration: The Vast Powers and Questions to Ask3 min read
The powers of an arbitrator are vast, and so are the number of questions a business should consider when making the important legal choice to hire an arbitrator. When looking to hire an arbitrator, it’s important to remember that it is not solely an issue of finding the right candidate, but of finding the right matchup between the candidate’s credentials, expertise, and your needs and wants for your case. With so many variables, and between local, state and federal regulations in play, the right choice of an arbitrator can be difficult to make. In Dallas, an individual looking for counsel that understand local regulations should consider the top 5 things about choosing an arbitrator, and they include:
Topic: Dallas, arbitrator, legal support, corporate business, business lawyers
1. Credibility and Training
When it comes to making a decision about an arbitrator, it is foremost important to determine the legitimacy of the candidate. Ensuring that the individual has the qualifications and training required to be a successful arbitrator is the company’s primary task. Training and experience should take precedence over any other skills when considering a candidate.
When choosing an arbitrator, particularly in Dallas, the individual or organization should consider certification. As arbitration is not specifically licensed or regulated within the state of Texas, but nationwide, certification is the main form of qualification and guidance. To find out who is eligible to act as an arbitrator, contact the National Arbitration Forum, which is the main organization overseeing standards and policies.
3. Knowledge of the Law
The primary factor when selecting an arbitrator is their mastery of local, state, and federal regulations. It is not enough for them to be an arbitrator and have gone through training; they should be able to understand and abide by the law when taking on a case. While certification can often prove a baseline level of knowledge, the superior arbitrator is always one who can interpret these regulations and apply them to their deliberations.
4. Ability to Remain Neutral
It is necessary for an arbitrator to be unbiased and possess the ability to absent their own personal feelings when handling any case. To make sure your candidate is suitable for the role, take their past experiences into account, as well as references from previous employers. Additionally, you can request to assess sample decisions or opinions they may have given in the recent past and review them for impartiality.
5. Capability to Be Robust But Fair
An arbitrator should possess a balance between being tough and ruthless, but also fair, reasonable and just when ruling on a case. It is essential to look for an arbitrator who is more likely to use both sides of their authority while providing an equitable solution. To ensure this, the best approach is to ask for a review of their past opinions or decision-making capabilities.
Finding the perfect arbitrator for your case in Dallas can be an incredibly difficult process, but it is rarely impossible. To make sure that your chosen candidate has the skill set and knowledge required to deliver an impartial and just decision, consider the five outlined criteria. Following these footsteps before making your selection will guarantee that the most suitable and qualified arbitrator is assigned to your case and that the results will be satisfactorily reflected.