Main Challenges of Arbitration as a Dispute Resolution Mechanism

Some of the main challenges of arbitration as a dispute resolution mechanism are: advocacy, reassured management, client management, and evidence. For advocacy, he mentioned that being prepared and practicing your argument is extremely important. The more times you practice and the more you prepare the more likely you are to succeed with your argument and win. Also speaking in perfect English is an asset. For the second item, having a plan and knowing where to allocate more time and resources is beneficial. You may accidentally allocate more time and personnel to something that did not need it when you could have allocated it to a more necessary item. As Mag. Kopecky mentioned : “as counsel for a dispute resolution, you will always be out of time.” For the third item, learn about your client through background checks and meeting with them face to face is necessary to achieving the best result. Making sure your client is telling you the truth, stops you from wasting time or not agreeing to a settlement that would have been more beneficial for your party. For the fourth item, Mag. Kopecky mentioned that unlike in other situations, witnesses should talk to the lawyers during arbitration. It is also necessary to prove and collect the RIGHT information that will fit your client and not waste your resources trying to acquire information that would not help.