Parties who select arbitration instead of litigation in cases within the United States choose it primarily because it offers the opportunity for a proceeding that is fast, efficient, relatively inexpensive and final. Unfortunately, in recent years arbitration has been broadly criticized due to many arbitrations becoming almost indistinguishable from court litigation with time-consuming motion practice, extensive discovery and court involvement in arbitration proceedings.
ADR Systems is taking the lead in the dispute resolution field by adopting new Commercial Arbitration Rules which implement many of the ideas advocated by business and academic commentators to reverse these negative trends. These Rules, which contain well-defined limits on discovery, time periods and court intervention, have been specifically designed to limit the delays, uncertainty and expense that have become associated with arbitration and to return arbitration to its historic role as a faster and simpler dispute resolution mechanism. The goal of these Rules is to empower arbitrators, parties and advocates to avoid delay and expense while still providing the benefits of choice and flexibility essential to the arbitration process.
To download a PDF of the Commercial Arbitration Rules, click here.
