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JAMS Arbitration Toolkit
Practical Law Toolkit w-000-8612 (Approx. 8 pages)
JAMS Arbitration Toolkit
by Practical Law Arbitration
| Maintained • USA (National/Federal) |
Resources to help counsel prepare for and conduct arbitration under the JAMS rules and determine whether a proceeding should be a streamlined arbitration or an expedited arbitration.
In the US, arbitration is often viewed as an efficient, confidential, and cost-effective alternative to litigation. Commercial arbitration generally:
- Gives the parties greater finality to their disputes, due to limited opportunities to challenge an arbitration award (see Practice Note, Understanding the Federal Arbitration Act: Enforcement and Challenge of Arbitral Awards).
- Limits (or even eliminates) expensive pre-hearing discovery.
- Achieves a resolution more quickly (see Micronomics Study: Measuring the Costs of Delays in Dispute Resolution).
- Offers more procedural flexibility than litigation (see Practice Note, Arbitration vs. Litigation in the US: Procedural Flexibility).
JAMS is a full-service alternative dispute resolution institution that maintains a roster of neutrals who are available to serve as arbitrators and mediators, many of whom are former judges. This JAMS Arbitration Toolkit offers a selection of Practical Law resources designed to give attorneys a basic understanding of several important aspects of arbitrating certain types of disputes under the JAMS rules, including how to:
- Conduct an arbitration under the JAMS Comprehensive Arbitration Rules and Procedures.
- Appoint an arbitrator.
- Determine whether a proceeding should be a streamlined arbitration or an expedited arbitration.
- Request modification of an award issued by a JAMS tribunal.