The parties are allowed to jointly select the arbitrator or they can agree that The Forum will select the arbitrator for their case. Under no circumstance does one party select the arbitrator. The parties may disqualify or reject the first arbitrator selected by The Forum without having to give a reason. Persuade your neighbors to compromise whenever you can . . . Most Americans agree.
Studies also show that arbitration is faster, less expensive and less disruptive.
Fifty-nine percent of respondents to a Roper Starch survey selected arbitration over litigation as the preferred method of resolving claims over money. Ninety-two percent of participants in securities arbitration responded favorably to the experience. An ABA study of consumer attitudes toward arbitration found similar results. The party bringing the case is responsible for paying a nominal filing fee calculated upon the value of the claim. The Code of Procedure lists the applicable fees.