How do I draft an arbitration agreement?

How do I draft an arbitration agreement?

Drafting an arbitration agreement involves outlining the terms under which disputes will be resolved through arbitration. Do you have specific clauses in mind?

Yes, I want to include confidentiality and the choice of arbitrator.

Great! For confidentiality, you can state that all proceedings and documents will be kept confidential. For the choice of arbitrator, specify how the arbitrator will be selected, such as through mutual agreement or a designated organization.

What about the governing law?

You should include a clause specifying the governing law that will apply to the arbitration agreement. This is usually the law of the jurisdiction where the arbitration will take place.

Can you give me a sample clause?

Sure! Here’s a sample clause: 'This arbitration agreement shall be governed by the laws of the State of [Your State].' Would you like more examples?