Results (
Thai) 1:
[Copy]Copied!
The internal arbitrator marketplace, where professional credibility and word-of-mouth recommendations affect appointment and re-appointment of arbitrators, plays a significant role. Arbitrators can earn hundreds of thousands of dollars from a single arbitration and gain personal prestige from having been involved in significant case.
For those “repeat-players,” reputation and credibility as a fair, independent and reasoned decision maker is vital.
In multimillion and multi-billion dollar disputes, parties are likely to be unwilling to appoint an arbitrator who is likely to be challenged, who cannot fully consider fully the facts and laws at issue and who may be incapable of rendering an enforceable award.
Being translated, please wait..
