DISPUTE RESOLUTION CLAUSES
The Institute is happy to offer its expert advice to anyone seeking information on the correct form for a dispute resolution clause in a contract.
The Institute recommends the following standard wording as an arbitration clause:
“Any dispute or difference arising out of or in connection with this contract shall be determined by the appointment of a single arbitrator to be agreed between the parties, or failing agreement within fourteen days, after either party has given to the other a written request to concur in the appointment of an arbitrator, by an arbitrator to be appointed by the President or a Vice President of the Chartered Institute of Arbitrators.”
Anyone needing further advice or dealing with a situation not properly covered by the above wording, e.g., a requirement for mediation or other ADR process, a professional or trade body wishing to use arbitration in its complaints procedure, should contact Abigail Jennings at the Chartered Institute of Arbitrators.