JAMS Arbitration Toolkit

Practical Law Toolkit w-000-8612 (Approx. 7 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.

JAMS Arbitration Toolkit | Practical Law