When it comes to handling disputes, arbitration is a popular alternative to court litigation. The American Arbitration Association (AAA) is a well-known organization that provides arbitration services for businesses and individuals alike. Within the AAA, there are two types of arbitration — International Centre for Dispute Resolution (ICDR) and Non-ICDR. Understanding the differences between these two services can help you decide which is right for you. In this blog post, we’ll explore the differences between the ICDR and Non-ICDR, and what each one offers.
ICDR vs Non-ICDR
The ICDR is a branch of the AAA that specifically handles international disputes. It’s important to note that if you plan on conducting business with international entities, choosing the ICDR will ensure that your dispute is handled in compliance with international laws and regulations. Non-ICDR, on the other hand, is designed for domestic disputes. This means that the rules, procedures, and regulations used in Non-ICDR proceedings apply only to disputes conducted within the United States. Fore more information on the rules of ICDR, visit International Centre for Dispute Resolution | ICDR.org
Case Management Differences
One of the key differences between ICDR and Non-ICDR is how cases are managed. ICDR cases are assigned a case manager who oversees the entire process. This case manager is responsible for handling all communication between the parties and scheduling hearings. Non-ICDR cases, on the other hand, are managed directly by the arbitrator. This means that parties must communicate directly with the arbitrator and coordinate hearing schedules themselves.
Rules and Procedures
Another difference between ICDR and Non-ICDR is the rules and procedures that govern the arbitration process. The ICDR uses international rules that are updated on a regular basis to ensure they remain current and effective. These rules are designed to be flexible enough to accommodate the diverse needs of international disputes while still remaining fair and just. Non-ICDR, on the other hand, uses more traditional rules and procedures that are specific to domestic disputes. These rules are less flexible but provide a more structured and consistent framework for resolving disputes.
The cost of arbitration is always a consideration when choosing between ICDR and Non-ICDR. ICDR is generally more expensive due to the complexities that come with handling international disputes. However, it’s important to note that these costs may be offset by the time saved from avoiding court litigation. Non-ICDR is generally less expensive, but the cost may vary depending on the complexity of the case and the amount of time involved in the arbitration process.
In summary, the decision to choose ICDR or Non-ICDR really depends on the type of dispute you have and your specific needs. If you’re conducting business with international entities, the ICDR is the best option for ensuring your dispute is handled in compliance with international laws and regulations. On the other hand, if your dispute is domestic, then Non-ICDR may be the more cost-effective and appropriate option. Understanding these key differences is essential to making an informed decision about your arbitration needs. Our team is always prepared to take on arbitrational case in both ICDR and Non-ICDR. Please Contact Our Office – Transnational Matters.