Are there any ethical considerations in arbitration?
Yes, there are ethical considerations in arbitration. When a dispute is taken to arbitration in Washington, both parties are expected to act ethically and in accordance with the law to ensure the fairness of the proceedings. The arbitrator also must adhere to ethical standards. The American Arbitration Association outlines ethical standards in its Code of Ethics, which must be followed by arbitrators. This includes providing equal treatment to both parties in the dispute, without bias or prejudice; being impartial and maintaining neutrality; and exercising independent judgment. The parties to the dispute must also follow the ethical code. For example, both parties must be honest and truthful in their statements and submissions, and must not make false or misleading statements. They must also comply with the rules and regulations of the arbitration process, and act in good faith to ensure the efficient resolution of the dispute. In addition, any decisions made by the arbitrator must be based on facts and the applicable legal principles. The parties must also be given the opportunity to present their case and must be afforded due process. When both parties and the arbitrator follow their ethical obligations, the arbitration process can be carried out in an efficient and fair manner. Ethical considerations are important to ensure a fair and just outcome in any arbitration dispute.
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