How do I select an arbitrator?

When selecting an arbitrator to settle a dispute in South Carolina, it is important to find one who is impartial and can provide a fair decision. Generally, an arbitrator is chosen by the parties involved in the dispute, though a court can also appoint one in certain situations. There are several factors to consider when making this selection. First, it is important to consider the arbitrator’s qualifications. An ideal arbitrator will have extensive experience in arbitration and an in-depth knowledge of the law. They should also be well-versed in the details of the particular case. Second, it is important to determine if the individual is impartial and does not have a conflict of interest in the case. If the arbitrator favors one side over the other, the ruling would likely be biased. Third, the cost of the arbitration should be considered. Sometimes, the parties can agree to pay a flat fee for the arbitration or split the costs. However, if the case is complex, the arbitrator could charge an hourly rate. Finally, the parties should consider how the arbitrator will make their decisions. Generally, arbitrators can either be guided by the relevant laws and statutes or exercise their own discretion. By considering the qualifications, impartiality, cost, and decision-making process of the arbitrator, the parties involved in the dispute can make an informed decision and select the best possible arbitrator for their case.

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How do I select an arbitrator?

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