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Arbitrator Selection Is a Key Component of the Arbitration Process
Arbitrator selection is a critical component of every arbitration proceeding given that the selection will determine who will adjudicate the dispute. Commercial arbitration is a creature of contract. The parties in their contract provide for the governing arbitral organization and rules, if any, and how the arbitrator or arbitrators are to be selected. The parties, assisted by their counsel, can also agree to revise any of these provisions for the particular arbitration at issue even after the dispute arises.