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How to Rerrange Arbitration Agreement

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hello and welcome my name is jeremy glover and its my pleasure to welcome you to our latest fennec elliot webinar this week were taking a practical look at arbitration agreements and remember arbitration works in both the domestic and international context so well be looking at the essential elements that go into making up the agreement in other words what you need to do to make sure and get things right joining us this week are two of my colleagues at fennec elliott senior associate katherine butler and olivia liang ive been working with both of them on arbitration matters over the past year or so and therefore i know firsthand that they are perfectly equipped to discuss the topics at issue you know they know what theyre talking about so before i hand over to them just a reminder youre all on mute please do send in any questions and you should be able to find these slides on our website later in the week we may even try and put a link in the chat during the webinar but catherin

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Why would a company have an arbitration agreement?

Arbitration agreements, which aim to keep legal disputes between employees and employers out of the courts, are becoming more common. However, recent developments have led to docHub shifts in how and where enforceable agreements may be presented to employees.

Is an arbitration agreement good?

The advantages include the following: The arbitration process is less costly and generally faster than going through the courts. Unlike in a court case, where the contested issue is heard before a judge, in an arbitration you often have a say over who will be the arbitrator.

What are the pros and cons of arbitration agreements?

The Advantages and Disadvantages of Arbitration Efficient and Flexible: Quicker Resolution, Easier to schedule. Less Complicated: Simplified rules of evidence and procedure. Privacy: Keep it out of the public eye. Impartiality: Choosing the judge Usually less expensive. Finality: The end of the dispute.

How does the arbitration process work?

Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.

Is it worth going to arbitration?

Usually cheaper than litigation. Still, resolving a case through arbitration is usually far less costly than proceeding through litigation because the process is quicker and generally less complicated than a court proceeding.

What are 2 disadvantages of arbitration?

The disadvantages of arbitration Both sides give up their right to an appeal, which means one party could end up feeling slighted. If the matter is complicated but the amount of money involved is modest, the arbitrators fee may make arbitration uneconomical.

Who usually wins in arbitration?

The winner is the party who recovers the more docHub relief in the arbitration. There is no winner where the outcome is evenly balanced or if the parties settle before the award is made.

How does arbitration work in Canada?

Parties agree to be bound by the decision of one or more independent and impartial arbitrators, usually chosen by the parties. An arbitrator receives submissions from both sides, conducts a fair hearing ing to the rules of law, and unlike a mediator can render an enforceable decision.

How do I make an arbitration agreement?

The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. Choice of Rules. The Number of Arbitrators. Appointing Authority. Choice of Venue. The language of the proceedings. Finality. Exclusion of the right of appeal.

What happens if you lose in arbitration?

If you lose the case, its very hard to challenge a decision the arbitrator has made. You cant appeal if you simply disagree with the decision. If you think the case wasnt handled properly, you should get advice about what to do next. You may be able to make an appeal to court on a point of law.

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