Fix This: “The Number of Arbitrators Shall Be Three” [Update: I Have My Say]
I take issue with the wording of the standard clauses promulgated by the various arbitration institutions. I’ve written about shortcomings in the American Arbitration Association’s standard clause (see this 2010 article), but the same problems are on display in others. That’s not surprising—most drafting is poor, so why should arbitration clauses be any different? The standard clauses are all short, … Read More