Understand the Types of Arbitration

• Familiarize yourself with different types such as binding vs. non-binding arbitration.

Check Credentials

• Verify the qualifications and experience of the arbitrator(s) you are considering.

Know the Costs

• Clarify all fees involved, including arbitrators' fees, administrative costs, and any other potential expenses.

Review Arbitration Rules

• Look into the rules of the arbitration institution you are considering (e.g., AAA, JAMS) to ensure they fit your needs.

Consider Confidentiality

• Ensure that the arbitration process maintains confidentiality, especially if sensitive information is involved.

Discuss Location

• Determine if the arbitration will take place virtually or in-person and consider the implications for travel and convenience.

Evaluate Timeframes

• Understand the expected timeline for the arbitration process, including any possible delays.

Look for Industry Expertise

• If applicable, choose an arbitrator with specific expertise in your industry or subject matter.

Assess Neutrality

• Ensure that the chosen arbitrator(s) are neutral and do not have conflicts of interest relevant to your case.

Read Reviews/References

• Look for reviews or ask for references to gauge the arbitrator's effectiveness and style.

Prepare Thoroughly

• Make sure all evidence and arguments are well-prepared before entering arbitration.

Be Aware of Appeal Limitations

• Understand that arbitration decisions are generally final, with limited grounds for appeal.

Customize the Agreement

• If possible, customize the arbitration clause in your contract to meet your specific needs.

Consider Mediation First

• Explore if mediation could be a suitable alternative before resorting to arbitration.

Consult Legal Experts

• Seek legal advice to navigate the arbitration process successfully and to ensure your rights are protected.