When the Federal Arbitration act was passed by congress and signed by President Calvin Coolidge, The American Arbitration Act followed and was established in 1926.
The arbitrators of the American Arbitration Association are not lawyers or even judges. They are individuals who have special knowledge, skill and training in the subject of the dispute involved. If a dispute involves an architectural contract, the arbitrator will be an expert in the field of architecture.
The American Automobile Association was formed on March 4, 1902.
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The American Industrial Hygiene Association was formed in 1939.
The American Arbitration Association is a dispute resolution business. They offer services which aim to resolve both legal and personal issues in particular sectors of the workplace. The AAA specializes in fields such as communications, energy, and hospitality.
Arbitration can take place in various locations, depending on the agreement between the parties involved. Common venues include designated arbitration centers, such as the International Chamber of Commerce (ICC) in Paris or the American Arbitration Association (AAA) in the United States. Additionally, arbitration can occur in a neutral location chosen by the parties or as stipulated in their arbitration agreement. Ultimately, the specific location is typically specified in the arbitration clause of the contract.
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Generally, the parties taking the dispute to arbitration first have an opportunity to choose their own arbitrator if they can agree on one. If they cannot, the arbitration company may give the parties a list of qualified individuals to serve as arbitrators and they may choose an arbitrator from the list. If they cannot agree on one of those arbitrators, the arbitration company will choose one for them. Other arbitration companies may have different methods. See the related link below for the American Arbitration Association procedure for choosing an arbitrator.
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Hearings are generally proceedings before a tribunal, most frequently a court or an administrative body. Although it is often thought that hearings involve the taking of oral testimony from witnesses which includes parties to the proceeding, a hearing can be based solely on written evidence, including affidavits, memoranda, and the like. An example of this is what is known as a "desk arbitration" before the American Arbitration Association (AAA). A desk arbitration is a hearing but it is conducted solely on the basis of written submissions by the participants in the arbitration.
The American Political Science Association (APSA) was founded in 1903. They publish three academic journals themselves while their organised sections publish up to 15 journals.
The main advantage is that the dispute involved may be resolved with the same degree of finality that litigation provides but within a shorter period of time and at a lower cost. The procedures inherent in arbitration generally follow those of the American Arbitration Association. They are faster and less formal than those in the usual litigation process and in some cases, particularly in complex commercial contract cases, result in a more satisfactory resolution of the dispute at hand. Another advantage is that the dispute will be arbitrated by an expert in the field of the dispute rather than by a judge who might or might not have as much expertise over the subject matter. The intricacies of the subject involved might be better understood because of that. See the related link below for more information about the American Arbitration Association.