Here are some of the key points contained in the video:
- If using a panel of 3 arbitrators: each party picks an arbitrator and then those two arbitrators pick the third one.
- If using only 1 arbitrator: one side presents a list of possible arbitrators to the other side and the other side picks from the list.
- You go back and forth and negotiate between the parties until a decision is made.
- You may wish to avoid attempting private conversations with potential arbitrators in order to avoid the appearance of impropriety.
- Consider all the information available to you to make an informed decision about your arbitrator.
- Arbitrators may also be appointed by the court.
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