Thus, we can say there is no sector where disputes do not occurs. To resolve the disputes, it is preferable to choose arbitration. You might be aware that arbitration is a consensual, neutral, binding, private, and enforceable means of international dispute resolution, which is typically faster and less expensive than domestic court proceedings.
Behind the success of any International Arbitration case, arbitration lawyers play a very important role. The involvement of arbitration lawyer in the profession of arbitration is vital and you have to search for lawyer with utmost consideration given to their skills, experience, as well as reputation in handling the matters without any trouble or hassles and at the same time convey the most suitable results.
Thus, it is imperative to choose the Arbitration lawyers wisely. Consider some of these points while choosing the arbitration lawyers –
- Cost– See each part of the services before making any last call and expense of an arbitrator is one of them.
- Prior Research- Ask people you know or better do a research online too in order to know about their fees and charges in specifically.
- Check reputation – It is quite imperative to consider before finalizing one for your needs. The best way to know about the reputation is to explore the internet for positive and negative reviews or feedback submitted by people who utilized their services earlier.
- Check experience– While choosing the arbitrator; consider experience and an excellent record of accomplishment of the arbitration lawyer. Like when it comes to choose the ICC arbitration lawyers, check out if they have served range from small ICC arbitration concerning contractual disputes to large ICC arbitration with amounts in dispute of hundreds of millions of dollars.
These are some of the points to be considered to choose the arbitrator wisely.
This post first appeared on Three Things That Makes An International Arbitration Law Firm Reliable, please read the originial post: here