Career Spotlight: Arbitrator

 

According to the Occupational Outlook Handbook, arbitrators play an important role in resolving conflicts outside of the court system:

“All hearings are private and confidential, and the processes are less formal than a court trial. If no settlement is reached, no statements made during the proceedings are admissible as evidence in any subsequent litigation.

There are two main types of arbitration: compulsory and voluntary. During compulsory arbitration, opposing parties submit their dispute to one or more impartial persons, called arbitrators, for a final and nonbinding decision. Either party may reject the ruling and request a trial in court. Voluntary arbitration is a process in which opposing parties choose one or more arbitrators to hear their dispute and submit a final, binding decision.

Arbitrators usually are attorneys or businesspeople with expertise in a particular field. In arbitration, parties identify, in advance, the issues to be resolved, the scope of the relief to be awarded, and many of the procedural aspects of the process.”

Professor John Ferguson, Lecturer at Baylor, shared that arbitration is typically only a part of an attorney’s practice, rather than a full-time occupation.  He also noted that the few arbitrators who are not attorneys have usually accumulated years of professional experience in the industry where they would like to serve as an arbitrator.

If this career is interesting to you, consider visiting Baylor’s pre-law website.

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