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Why FedArb for Arbitration?
FedArb’s highly specialized and referenceable panelists use their expertise and experience to determine the right result. FedArb’s experienced administration team combines 24×7 responsiveness with decades of experience administering cases. Clients trust FedArb to be the administering agency in otherwise unadministered arbitrations too achieve efficiency and cost savings.
FedArb Arbitrations:
- Rules that set strict presumptive deadlines for completion of arbitration and contractually require arbitrators to enforce stipulated deadlines
- Directs arbitrators to manage discovery disputes expeditiously by offering to resolve issues to prompt conference calls before resorting to extensive briefing and written argument
- Comprehensive rules for interim relief
- Arbitration Rules that reflect and conform to the best practices of the leading arbitral institutions so FedArb’s rules are familiar to lawyers accustomed to arbitrating before the AAA/ICDR, JAMS or the ICC
- Express provision in the arbitration agreement regarding duty to protect the confidentiality of the proceedings
- FastTrack arbitration
- Fixed Price Arbitration
- Framework for mass employment arbitrations
- Optional appeal, by contractual agreement of the parties
- 24 x 7 Case Administration
FedArb is dedicated to providing litigants the experience they want and offers flexible rules and procedures. For those accustomed to practicing in federal court, our roster of 60 former federal judges enables familiar and efficient FRCP/FRE-based procedures and provides services that combine the benefits of arbitration (judge selection, choice of law, confidentiality, cost-efficiency, customization, world-wide enforceability) while maintaining the benefits of litigating in the federal courts (experienced judges, familiar rules with referenceable case law and optional appeal).
While FedArb’s rules reflect the best practices of the leading arbitral institutions, FedArb does, however, have one provision that is unique: FedArb panelists are contractually obligated to abide by the parties’ deadlines. Our panelists cannot directly ask the parties to modify a deadline. They must ask FedArb and then FedArb will relay the request to the parties. This way, the parties make the decision without fearing repercussions from the arbitrator if they reject the arbitrator’s desire to extend a deadline.
FedArb for Unadministered Arbitrations:
Our case managers closely monitor every case to ensure that deadlines are met and that the case is efficiently managed. Parties that choose FedArb to administer their arbitrations (for example, UNCITRAL arbitrations) instead of using their own lawyers and client representatives find they save a significant amount of money and time.
- The cost for arranging hearings for discovery issues, motions, final hearing, and court reporting services can generate hours of billable time over the course of an arbitration depending on the number of parties and lawyers involved. The fees for this time will exceed FedArb’s administration fee and may also delay the proceedings. While litigants may opt to have in-house resources manage the administration, enlisting FedArb to perform these functions ensures not only the neutrality of the proceedings but also that best practices are followed (especially important with the technical issues that arise with virtual hearings).
- When FedArb manages the process, the neutrals are shielded from dealing with the parties over billing and tracking payments, which can cause delay and potential aggravation.
- Hiring FedArb to manage the communications from counsel eliminates any ex-parte issues, which can potentially cause an arbitration award to be vacated.
- By having FedArb track all the important details, like the submission deadlines, hearings dates, and the award, guarantees that the arbitration will flow smoothly with no delays, saving parties time and money.