The American Arbitration Association, whose arbitration rules applied to 6,000 commercial disputes last year, released updated commercial arbitration rules in September. The changes came largely as a result of “party preferences,” says AAA general counsel Eric Tuchmann. Corporate users and attorneys alike say they want “a better-managed process” and “an arbitrator who’s going to take control of the case,” according to Tuchmann.
The updates include clear language and guidelines to help both the parties and the arbitrator simplify the process. AAA vice president Sandra Partridge says revisions should provide a “much higher comfort level” for participants, including general counsel, who haven’t spent a lot of time arbitrating. Parties can “read through the rules and get a sense of what the process will be like,” she says.
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