There are no specific requirements for the qualifications of an arbitrator.
Choosing an arbitrator is tantamount to choosing a ‘judge’. Those not familiar with arbitration may mistakenly believe that by choosing an arbitrator, the arbitrator somehow owes a duty only to the party choosing the arbitrator.
In fact, the arbitrator must be and remain independent and impartial. This is a fundamental principle of arbitration and the arbitrator’s duty.
Aside from that, the qualifications of an arbitrator can vary considerably. Some parties like to choose arbitrators who have a long list of arbitrations to their name and are very senior. Others like to choose an arbitrators of a particular background or nationality. Sometimes an arbitrator may be chosen due to possession of expert knowledge in a particular field or trade.
Many corporations in dispute choosing an arbitrator will look at the formal qualifications and affiliations of an arbitrator to assess credibility and experience. They will look at which institutions the arbitrator is associated with, and whether an arbitrator has undergone any formal training.
There are many institutions which deliver formal training, one of them being the Chartered Institute of Arbitrators (CIArb). CIArb has branches across the globe.
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