Please enter your Mobile Number and Education Level to proceed.
Join 4 Days Career Counsellor Certification Program (Live Session)Enroll Now
What is an arbitration law? What is the work of arbitration lawyers? What is the salary of arbitration lawyers?
The essence of arbitration is that it is an agreement between two or more parties to try to resolve a dispute outside of the court system. The parties agree upon a third party as an arbitrator who will act as a judge and jury. After giving the parties the opportunity to present their side of the story and to present any relevant documents or other evidence, the arbitrator will act as King Solomon to decide who wins and who loses.
All types of civil and commercial disputes can be resolved through mediation, except certain special legislations like winding up of a company.
Under the Arbitration & Conciliation Act, 1996, a settlement agreement made by the mediator after the resolution of a dispute is equivalent to an arbitral award or a decree of a civil court. If a party subsequent to the settlement fails to comply with it, the other party could get the settlement agreement executed through a court in the same manner as a court decree. Mediation and Conciliation are terms often used interchangeably and in all practical aspects, the procedure is the same.
Arbitrator is recommended to be a Lawyer.
Salary: Generally Arbitrators have their own independent practice, however inexperienced lawyers need to take training, so salary for such candidates ranges between Rs. 10,000 to Rs. 30,000.
In order to post replies to the question: "Arbitration Law"
Founder And Director At Canvas Career
Mr. Prathamesh is a Certified Career Consultant by Psytech International (bps) UK and is also a Certified Trainer for Life Skills; he is pursuing Narrative Therapy from Adelaide, Australia. He has been in to career counseling for more than 8 years now he practices MINDFULNESS psychotherapy with students. He possesses vast experience in teaching and career counseling. Currently he is associated with FUEL NGO. He had counseled over laces of students and is a founder director of Canvas Career Consultancy, committed to conduct Psychometric assessments for students and do career counseling by making them aware about new career avenues
Business Analyst at Capital Novus
Mr. Ravi is a LLB, with Business & Commercial Laws as a specialization and is Masters in International Business & Commercial Laws from UK .He had worked for an Immigration Solicitor Firm as a Para LegalCurrently he is working as Business Associate with Capital Novus. He had also worked as a Legal Associate in SKJ Juris where headed the Legal Research, Compliance & Contract areas of law independently .He is an active member of the project management group, and helped design and develop processes and methodology based on client needs. He represents and serves clients from areas like pharmaceutical, banking, finance, information technology, real estate, manufacturing industries etc. being a researcher he believes in sharing his experience and knowledge for the benefit of academic counseling
Counselor, Trainer/Coach at Arora's Career Counseling Centre
Ms. Bella Arora is a Convent Educated, postgraduate in Law (LL.M.), Criminology and Family Law .She is a Counselor, Trainer and Life Coach. She specializes in Career Counseling, Educational Counseling and Personality development. She counsels School/College students, undergraduates/postgraduates, working/unemployed people, housewives and people looking for a mid life career change.
Her work and experience area includes Holistic Life Coaching, Individual Counseling, Motivational Speaking, Soft Skills,Corporate Training, Student Counseling, Career Management, Career Assessment. She has been associated with several organizations like Maharashtra Service Public Commission (MPSC) as 4TH in Merit List (Gazetted Officer), State Bank of India as Probationary Officer, All India Radio as Duty Officer and Times of India, Mumbai as Executive. She is a prominent writer and blogger ,have Free Lanced as Writer with AARSI - a Delhi Magazine and is a regular writer on Career and Educational topics with a Astrological Magazine (Monthly) – RISHI JYOTISH. She has appeared as a Counselor for Personality Development on YUVA - a program for youth on National Television Channel – Doordarshan, she has also been an air consultant for Career/Personality Development Issues with Radio Mirchi and Meow
helping people succeed through happiness
23 years' corporate experience,majorly in
Life Insurance. Myself cleared Income tax Inspector, Bank PO/LIC AAO exams and served in these departments.MBA LLB ...educationist at heart. Strong believer that success is not that tough and can be achieved through happiness
See All Questions