What is the definition of “party autonomy” in arbitration?

Party autonomy in arbitration is a concept that allows parties to decide how the arbitration process will proceed and what the outcome will be. This concept is important in many states, including California, because it allows the parties involved to have a say in the outcome of the dispute without the need for a judge or other third party to intervene. In arbitration, party autonomy provides the parties with the ability to choose the methods, location, and process of the arbitration. Parties also have the ability to decide which documents they will submit to the arbitrator and the type of evidence they will introduce. In addition to the right to choose the process and outcome of the arbitration, party autonomy also gives the parties the right to choose the arbitrators who are involved. This means that both parties can agree to a single arbitrator who will make the final decision or they can agree to a panel of arbitrators that will collectively make the final decision. Overall, party autonomy in arbitration is important because it allows the parties to have a say in the outcome of the dispute. This helps to ensure that the parties are satisfied with the result of the arbitration and that their interests are protected.

Related FAQs

What is the difference between a motion to compel arbitration and a motion to stay proceedings pending arbitration?
Is there an appeals process for an arbitration award?
Are there any restrictions on the enforcement of an arbitral award?
How does an arbitration process work?
Are the decisions of an arbitrator binding?
What is a motion to compel arbitration or stay proceedings?
How do I prepare for an arbitration hearing?
What is the arbitration clause in a contract?
What is an order to show cause?
What is an interlocutory appeal?

What is the definition of “party autonomy” in arbitration?

Related FAQs

Related Blog Posts