What is the process for selecting an arbitrator?
The process of selecting an arbitrator is an important step in Alternative Dispute Resolution Law in South Carolina. An arbitrator is a neutral third-party who listens to both sides of the dispute and makes a decision without bias. In South Carolina, the general process for selecting an arbitrator consists of three steps. The first step is to determine the type of arbitration needed. Depending on the type of dispute, the parties may opt for either binding or non-binding arbitration. The second step is to create a list of potential arbitrators. The parties can either research a list of professional arbitrators or solicit names from experienced lawyers. The parties should consider the arbitrator’s qualifications, expertise, and reputation when creating the list. The third step is to select an arbitrator. This is typically done through negotiation between the parties or through an arbitration service. Arbitrators may be hired for a one-time fee or a retainer. Once selected, the arbitrator will then manage the dispute and issue a decision. Ultimately, the process for selecting an arbitrator is an important part of Alternative Dispute Resolution Law in South Carolina. A fair and impartial arbitrator is essential in resolving disputes and should be selected carefully and thoughtfully.
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